Single-Tenant NNN
For Sale
Contact for pricing
1595 Meadow Wood Ln, Reno, NV 89502
Net-lease structure supports contractual income with minimal landlord responsibilities.
Property Size26,740 SF
Price / SF$261.78
Days on Market10
Property Features for 1595 Meadow Wood Ln
General Information
Standard status
Active
Size
26,740 SF
Class
A
Property subtype
Office, Industrial
Zoning
MU
Lease Type
NN+
Investment Type
Net Lease
Net Operating Income
$394,974
Additional Details
Highway Access
Yes
Building Details
Year Built
1991
Buildings
1
Units
1
Tenancy
Single
Owner Occupied
No
Listing Agency:
Lee & Associates - Las Vegas
Listed By:
Lyle Chamberlain · License #NV 1000716
Source:
Crexi
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 5 at 4:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Las Vegas
Investment Insights
Based on property information with market context.
This 26,740-square-foot commercial property was built in 1991 and is configured as a single-tenant, net-leased asset. Entegris, Inc. (Nasdaq: ENTG) occupies the property as an established operating location. The lease structure provides contractual income and places minimal ongoing responsibilities on the landlord. MU zoning is in place.
The property is located at 1595 Meadow Wood Ln in Reno, within the Meadowood submarket. Its position south of South McCarran Boulevard provides access to I-580 and the McCarran loop, with nearby amenities serving the surrounding commercial area. The broader Reno-Sparks market includes advanced manufacturing, technology, distribution, and logistics activity.
The property is located at 1595 Meadow Wood Ln in Reno, within the Meadowood submarket. Its position south of South McCarran Boulevard provides access to I-580 and the McCarran loop, with nearby amenities serving the surrounding commercial area. The broader Reno-Sparks market includes advanced manufacturing, technology, distribution, and logistics activity.
Key Highlights
- 26,740‑square‑foot property built in 1991
- Single‑tenant net lease with minimal landlord responsibilities
- Leased to Entegris, Inc. (Nasdaq: ENTG)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $773.3k | $28.92 |
| − Vacancy | −$143.1k | −$5.35 |
| EGI | $630.3k | $23.57 |
| − OpEx | −$157.6k | −$5.89 |
| NOI | $472.7k | $17.68 |
26,740 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.75M
$5.91M – $7.88M
NOI $472,692 @ 7.0% cap · market cap 6.75%
Second Best
Industrial
$2.17M
$1.89M – $2.53M
NOI $151,589 @ 7.0% cap · market cap 2.17%
Theoretical Best
Office A
$8.24M
$7.21M – $9.61M
NOI $576,865 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,856
Businesses Nearby
Explore this area
Business Placement
Demographics for 89502, NV
47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
Market
Vacancy Rate% for Office in Reno, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Net-lease structure supports contractual income with minimal landlord responsibilities.
Where is this nnn property located?
The property is located at 1595 Meadow Wood Ln Reno, NV.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 26,740‑square‑foot property built in 1991; Single‑tenant net lease with minimal landlord responsibilities; Leased to Entegris, Inc. (Nasdaq: ENTG)
