Newly Built Retail Shopping
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210-224 Silver Lake Road, Reno, NV 89508
Fully occupied center with medical, food-and-beverage, and daily-needs tenants in a General Commercial zoning district.
Property Size26,753 SF
Price / SF$472.10
Days on Market152
Property Features for 210-224 Silver Lake Road
General Information
Standard status
Active
Size
26,753 SF
Total Parking Spaces
161
Property subtype
Retail
Zoning
GC – General Commercial
Occupancy
100%
Lease Type
NNN
Net Operating Income
$757,801
Building Details
Year Built
2021
Buildings
2
Tenancy
Multi
Listing Agency:
CBRE - Orange County
(775) 321-4459
Listed By:
Roy Fritz · License #NV 169670
Source:
Crexi
Added: Apr 2
Changed: Aug 30
Last Checked: Aug 31 at 11:37AM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
Completed in 2021, this 26,753-square-foot shopping center is fully occupied and organized around a varied tenant roster serving medical, food-and-beverage, daily-needs, and community-oriented uses. Named occupants include Starbucks, My Kid’s Smile, Port of Subs, Living Stones Church, and Carniceria Mi Rancho. The property carries GC – General Commercial zoning.
The center is located at 210-224 Silver Lake Road in Reno, Nevada. Copper Mesa Apartments, a 290-unit development, is adjacent to the retail center, while the surrounding area records a daytime population of more than 25,700 within 3 miles. The tenant composition is approximately 23% medical, 36% food and beverage, and 41% daily needs/community focus by GLA.
Current WALT is 4.49 years, and 32% of in-place GLA expires outside the first 5 years of ownership. Recent buildouts include Starbucks and My Kid’s Smile.
The center is located at 210-224 Silver Lake Road in Reno, Nevada. Copper Mesa Apartments, a 290-unit development, is adjacent to the retail center, while the surrounding area records a daytime population of more than 25,700 within 3 miles. The tenant composition is approximately 23% medical, 36% food and beverage, and 41% daily needs/community focus by GLA.
Current WALT is 4.49 years, and 32% of in-place GLA expires outside the first 5 years of ownership. Recent buildouts include Starbucks and My Kid’s Smile.
Key Highlights
- 26,753 SF retail center completed in 2021
- 100% occupied shopping center at 210‑224 Silver Lake Road
- Tenant mix is ±23% medical, ±36% food & beverage, and ±41% daily needs/community focus by GLA
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89508, NV
13,394
Population
5,308
Households
2.5
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
150.1 sq mi
ZIP Area
89
Density / Sq Mi
$89,866
Median Household Income
$52,409
Median Earnings
$1,865
Median Rent
$429,900
Median Home Value
Market
Vacancy Rate% for Retail in Reno, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied center with medical, food-and-beverage, and daily-needs tenants in a General Commercial zoning district.
Where is this shopping center located?
The property is located at 210-224 Silver Lake Road Reno, NV.
What is the asking price?
The asking price for this property is $12,630,000.
What are key features of this property?
This property features: 26,753 SF retail center completed in 2021; 100% occupied shopping center at 210‑224 Silver Lake Road; Tenant mix is ±23% medical, ±36% food & beverage, and ±41% daily needs/community focus by GLA
