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    Industrial Flex Building Near Airport Title is generated by Realmo AI

    4050 S McCarran Blvd, Reno, NV 89502

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    Multi-tenant building near Airway Commerce Center, ideal for owner-operator.

    Type:Industrial, Retail
    Property size:
    15,531 SF
    Price / SF:
    $250/SF
    Added:
    Mar 2, 2026
    Days on Market:
    123
    Last Refresh:
    Mar 16 at 1:46 pm

    Property Features for 4050 S McCarran Blvd

    General Information

    Standard status
    Active
    Size
    15,531 SF
    Property subtype
    Industrial, Retail

    Building Details

    Year Built
    1999

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    Garrett Hallenbeck
    Garrett Hallenbeck

    Listing office Hallmark Investments & Management LLC

    Listing date Mar 2, 2026

    Source Crexi

    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 Hallmark Investments & Management LLC

    HighLights

    • Premier location next to the Airway Commerce Center and Reno‑Tahoe International Airport.
    • Turnkey restaurant/bar infrastructure with commercial kitchen and bar setup.
    • Value‑add opportunity to capitalize on the workforce boom and demand for on‑site dining.
    • Heavy traffic location on S. McCarran Blvd with seamless connectivity to I‑580.
    • Multi‑tenant industrial flex commercial building suitable for owner‑operator or investment user.
    • 15,531 SF building built in 1999.

    Overview

    This multi-tenant industrial flex commercial building, with a total area of 15,531 square feet, is located next to the Airway Commerce Center (3000–3030 Airway Drive, directly adjacent to the Reno-Tahoe International Airport), an 890,000+ square foot Class A industrial park. The property is positioned as a natural "hub" amenity in Reno's growing industrial submarket. The location provides heavy traffic on South McCarran Boulevard and seamless connectivity to I-580, the Reno-Tahoe International Airport, and the Airway Commerce Center ecosystem. One of the units is equipped with a commercial kitchen and bar setup, making it suitable for immediate operation or rebranding as a sports bar, casual eatery, brewpub, or employee-focused dining spot. The property is located in South Reno's airport-industrial corridor, next to the Airway Commerce Center, which is driving workforce influx, daily traffic, and demand for on-site dining and amenities. The location is ideal for quick lunches, after-shift gatherings, sports viewing, or catering to nearby facilities. The park's strategic airport adjacency amplifies traffic from logistics, aviation support, and related businesses. The property is suitable for distribution, manufacturing, and flex spaces.

    Local Financial Insights For Specialty Retail

    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 $326.2k $21.00
    − Vacancy −$25.4k −$1.64
    EGI $300.7k $19.36
    − OpEx −$75.2k −$4.84
    NOI $225.5k $14.52
    15,531 SF · lease $21.00/SF/yr · vacancy 7.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $3.22M
    $2.82M – $3.76M (±1% cap)
    NOI $225,533 @ 7.0% cap · market cap 5.80%
    Second Best
    Flex RnD
    $2.87M
    $2.51M – $3.34M (±1% cap)
    NOI $200,581 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $4.79M
    $4.19M – $5.58M (±1% cap)
    NOI $335,052 @ 7.0% cap · market cap 8.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Highland Floors Inc. General Contractor Delizie Foods LLC Take-out & Catering Coach's Grill & Sports ... Bar & Pub

    Suggested Use

    Hotel & Motel Auto Parts Store Parking Lot & Garage Travel Agency Grocery & Convenience Store Grocery & Convenience Store Veterinary Clinic Wine and Liquor Store Food Market (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    • Paisan's Old World Deli & Catering — 6550 Longley Ln Suite 110, Reno, NV 89511

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.7667327
    Latitude
    39.4762884

    FAQs

    What type of property is this?
    Flex space - Multi-tenant building near Airway Commerce Center, ideal for owner-operator.
    Where is this flex space located?
    The property is located at 4050 S McCarran Blvd Reno, NV.
    What is the asking price?
    The asking price for this property is $3,890,000.
    What are key features of this property?
    This property features: Premier location next to the Airway Commerce Center and Reno‑Tahoe International Airport.; Turnkey restaurant/bar infrastructure with commercial kitchen and bar setup.; Value‑add opportunity to capitalize on the workforce boom and demand for on‑site dining.
    (775) 786-8488 Call to check price and availability
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