Single-Tenant NNN
1595 Meadow Wood Ln, Reno, NV 89502
For Sale
Contact for pricing
Net-lease structure supports contractual income with minimal landlord responsibilities.
Property Size26,740 SF
Price / SF$243.08
Days on Market103
Property Features for 1595 Meadow Wood Ln
General Information
Standard status
Size
Class
Property subtype
Zoning
Lease Type
Investment Type
Net Operating Income
Additional Details
Highway Access
Building Details
Year Built
Buildings
Units
Tenancy
Owner Occupied
Listing Agency:
Lee & Associates - Las Vegas
Listed By:
Lyle Chamberlain · License #NV 1000716
(775) 851-5310
Source:
Crexi
Added: Jul 28
Changed: Nov 6
Last Checked: Nov 6 at 8:45AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$472,692
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,453,840
$9.5M
Cap Rate 7%
$6,752,743
$6.8M
Cap Rate 9%
$5,252,133
$5.3M
Market Conditions
NOI Build-Up for 26,740 SF
Gross rent
$773.3K $28.92/SF
− Vacancy
−$143.1K −$5.35/SF
EGI
$630.3K $23.57/SF
− OpEx
−$157.6K −$5.89/SF
NOI
$472.7K $17.68/SF
Area
Reno, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,453,840
Cap Rate 7%
$6,752,743
Cap Rate 9%
$5,252,133
Alternative Uses
Best Use
Office B
$6.75M
$5.91M – $7.88M
NOI $472,692 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.24M
$7.21M – $9.61M
NOI $576,865 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Reno, NV
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 $6,500,000.
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)
