1401 S Virginia St Reno, NV 89502

Listing agency Marcus & Millichap - Reno b***@marcusmillichap.com Show Phone

Listed by Bret Nicholson · License #NV S.0183859

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:41PM Checked: Jul 22 at 4:33PM

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Investment Insights

Based on property information with market context.

1401 S Virginia is a modern, multi-tenant retail/office property totaling 21,519 square feet, currently 100% occupied by five tenants on long-term triple-net leases. The original brick building underwent an extensive renovation in 2016, including upgrades such as a new elevator, façade, second-story deck, roof, electrical, and HVAC, creating a refreshed, contemporary presence.

Located in the heart of Midtown Reno, Nevada, the property is within walking distance to Downtown Reno. The site includes 31 on-site parking spaces, along with additional street parking.

For sale, this well-maintained, pride-of-ownership asset is positioned for continued tenancy with existing long-term lease structure in a central retail and office setting.

Key Highlights

• 21,519 SF multi‑tenant retail/office building at 1401 S. Virginia in Midtown Reno, NV.
• 100% occupied by five tenants on long‑term triple‑net (NNN) leases.
• Extensively renovated in 2016 with new elevator, facade, second‑story deck, roof, electrical, and HVAC.

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FAQs

What type of property is this?

Shopping center - Multi-tenant retail/office building with five long-term triple-net tenants and 31 on-site parking spaces.

Where is this shopping center located?

The property is located at 1401 S Virginia St Reno, NV.

What are key features of this property?

This property features: 21,519 SF multi‑tenant retail/office building at 1401 S. Virginia in Midtown Reno, NV.; 100% occupied by five tenants on long‑term triple‑net (NNN) leases.; Extensively renovated in 2016 with new elevator, facade, second‑story deck, roof, electrical, and HVAC.