Listing Agency: Logic Commercial Real Estate | Reno Show Phone

Listed By: Paul Evans · License #S.193234 Show Phone

Source: Moodyscre

Added: Aug 1, 2025 Changed: Aug 21 Last Checked: Aug 31 at 4:27PM

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Investment Insights

Based on property information with market context.

The property at 4895 Texas Ave, Reno, NV, presents a leasehold investment opportunity situated at the Reno-Stead Airport. The property operates on an airport ground lease initiated in 1997. Prior to closing, the ground lease will be renewed for a 20-year term, which includes a 10-year renewal option. Currently, the building is leased to Tactical Air Support, with four years remaining on the lease term and a five-year renewal option. The lease agreement specifies 3% annual rent increases at the beginning of each calendar year. The property can be categorized as warehouses, industrial properties, aviation real estate, and specialty properties.

Key Highlights

• Leasehold investment opportunity at the Reno‑Stead Airport.
• Ground lease to be renewed prior to close with a 20‑year term and a 10‑year renewal option.
• Currently leased to Tactical Air Support.

Property Analytics

Property Profile

Current Use

Reno Stead Airport Regional Airport Hertz Rent a Car Car Rental Facility Freedom Flight Terminal Regional Airport Hertz Car Rental ... Car Rental Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store HVAC Service Electrical Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

70

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Reno, NV

4.8% 2019

4.7% 2020

2.1% 2021

1.8% 2022

4.9% 2023

12.4% 2024

14.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Warehouse - Leasehold investment opportunity at Reno-Stead Airport with existing tenant.

Where is this warehouse located?

The property is located at 4895 Texas Ave Reno, NV.

What is the asking price?

The asking price for this property is $1,946,000.

What are key features of this property?

This property features: Leasehold investment opportunity at the Reno‑Stead Airport.; Ground lease to be renewed prior to close with a 20‑year term and a 10‑year renewal option.; Currently leased to Tactical Air Support.