Multi-Tenant Mixed-Use
New
For Sale
$2,200,000
2258-2262 Reno Hwy, Fallon, NV 89406
Condominium mapping divides the three-building complex into separate parcels with shared common-area ownership.
Property Size13,903 SF
Lot Size1.68 Acres
Price / SF$158.24
Days on Market3
Property Features for 2258-2262 Reno Hwy
General Information
Standard status
Active
Size
13,903 SF
Lot size
1.68 Acres
Property subtype
Office
Occupancy
69%
Financials
Asking Price
$2,200,000
Cap Rate
4.85%
Site & Location
Traffic Count
17,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
Value-Add or Owner/User Opportunity: 69% Occupied
Condo Mapping is Already In-Place
Situated in Fallon's Primary Trade Area: Highway 50 Frontage, Across From Walmart
Building Details
Building Size
13,903 SF
Year Built
2000
Buildings
3
Tenancy
Multi
Owner Occupied
No
Listing Agency:
Marcus & Millichap - Reno
Listed By:
Bret Nicholson · License #License(s): NV: S.0183859
(775) 348-5234
Source:
Marcusmillichap
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 5:50AM
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 Marcus & Millichap - Reno
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,903-square-foot office and retail complex contains three buildings on 1.68 acres. Built in 2000, the property is 69% leased, with a tenant mix that includes State Farm, a mortgage company, and a martial arts studio. Condominium mapping establishes separate parcel numbers for each building and the common area, allowing the components to be held separately. The existing mix of office and retail space also includes a suite vacated by the owner.
Fronting Highway 50, also known as Reno Highway, the property is across the highway from Walmart and other major retailers. The site has multiple access points and parking, with frontage serving approximately 17,000 vehicles per day.
Fronting Highway 50, also known as Reno Highway, the property is across the highway from Walmart and other major retailers. The site has multiple access points and parking, with frontage serving approximately 17,000 vehicles per day.
Key Highlights
- 13,903‑square‑foot office and retail complex on 1.68 acres
- Three buildings, each with a separate parcel number; common area also separately mapped
- 69% leased; existing tenants include State Farm, a mortgage company, and a martial arts studio
Property Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
69%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 89406, NV
25,204
Population
10,872
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
92%
High-School Grad
1,993.0 sq mi
ZIP Area
13
Density / Sq Mi
$73,268
Median Household Income
$41,060
Median Earnings
$1,203
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Condominium mapping divides the three-building complex into separate parcels with shared common-area ownership.
Where is this mixed-use property located?
The property is located at 2258-2262 Reno Hwy Fallon, NV.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 13,903‑square‑foot office and retail complex on 1.68 acres; Three buildings, each with a separate parcel number; common area also separately mapped; 69% leased; existing tenants include State Farm, a mortgage company, and a martial arts studio
