Building Details

Tenancy Single

Listing Agency: Bang Realty b***@bangrealty.com Show Phone

Listed By: Brian Brockman · License #BR691523000

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 4:40PM

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Investment Insights

Based on property information with market context.

This NNN property is subject to a brand-new 15-year absolute NNN lease with 1.75% annual rental escalations. The named tenant, Regen Management Reno-Tahoe, LLC, operates 8 locations across Arizona, Utah, and Nevada. The lease structure places property-level operating responsibilities with the tenant as outlined by the absolute NNN arrangement.

The property is located 1 mile from Meadowood Mall, a 901,000 SF shopping center with Macy’s, JCPenney, Dick’s Sporting Goods, and 110 specialty stores. University of Nevada, Reno is 6 miles away, while Renown Regional Medical Center is less than 5 miles from the property. Lake Tahoe is approximately 30 miles south and attracts year-round recreational and tourism activity.

Key Highlights

• Brand‑new 15‑year absolute NNN lease
• 1.75% annual rental escalations
• Regen Management Reno‑Tahoe, LLC operates 8 locations across Arizona, Utah, and Nevada

Property Analytics

Property Profile

Current Use

Dr. Brian Evans, ... Physician Comprehensive Surgical Care ... Medical Clinic Comprehensive Integrated Care ... Medical Clinic

Suggested Use

Top Pick Electrical Service Storage Facility HVAC Service Auto Repair Shop (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,293

Businesses Nearby

Explore this area Business Placement

Demographics for 89511, NV

29,143

Population

13,628

Households

2.1

Avg Household Size

48

Median Age

50%

College-Educated

96%

High-School Grad

131.6 sq mi

ZIP Area

221

Density / Sq Mi

$117,287

Median Household Income

$57,950

Median Earnings

$1,860

Median Rent

$903,300

Median Home Value

Market

Vacancy Rate% for Office in Reno, NV

9.9% 2019

12.5% 2020

9.8% 2021

10.2% 2022

12.5% 2023

10.6% 2024

9.2% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - New long-term lease with annual rental escalations supports a structured commercial investment profile.

Where is this nnn property located?

The property is located at 5443 Kietzke Ln Reno, NV.

What are key features of this property?

This property features: Brand‑new 15‑year absolute NNN lease; 1.75% annual rental escalations; Regen Management Reno‑Tahoe, LLC operates 8 locations across Arizona, Utah, and Nevada