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    Reno Retail Property For Sale

    5000 Smithridge Dr Reno, NV

    5000 Smithridge Dr, Reno, NV, 00000
    Contact for pricing
    For Sale
    Contact for pricing

    Retail property available for sale in Reno, Nevada.

    Property Size46,834 SF
    Lot Size3.71 Acres
    Price / SF$298.93
    Days on Market355

    Property Features for 5000 Smithridge Dr

    General Information

    Standard status
    Active
    Size
    46,834 SF
    Lot size
    3.71 Acres
    Property subtype
    RETAIL
    Listing agency Logic Commercial Real Estate | Reno
    Listed by Ian Cochran · License #NV B.145434.LLC
    Source Moodyscre
    Added: Aug 1, 2025 Updated: Jul 6 at 8:56AM Checked: Jul 21 at 4:47AM

    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 Logic Commercial Real Estate | Reno

    Investment Insights

    Based on property information with market context.

    A retail property is available for sale in Reno, Nevada. The property has a size of 46834 square feet.

    Key Highlights

    • Retail property available for sale.
    • Located in Reno, Nevada.

    Local Financial Insights For 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 $927.3k $19.80
    − Vacancy −$80.7k −$1.72
    EGI $846.6k $18.08
    − OpEx −$254.0k −$5.42
    NOI $592.6k $12.65
    46,834 SF · lease $19.80/SF/yr · vacancy 8.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $8.47M
    $7.41M – $9.88M (±1% cap)
    NOI $592,646 @ 7.0% cap · market cap 4.23%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $14.43M
    $12.63M – $16.84M (±1% cap)
    NOI $1,010,356 @ 7.0% cap · market cap 7.22%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Honey Treat Yogurt Cafe & Coffee Shop Cindy Neeley-Sigurdson - State ... Insurance Agency Sparks Florist® (Bike/Boat/Book/etc) Store Goodwill Sacramento Valley ... Discount Store Bam!Dog Righteous Hot ... Restaurant

    Suggested Use

    Building Supply HVAC Service Big Box & Wholesale Store Auto Parts Store Electrical Service Plumbing Service Auto Repair Shop Grocery & Convenience Store Garden Center Kitchen & Bath Showroom

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

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    FAQs

    What type of property is this?
    Retail property - Retail property available for sale in Reno, Nevada.
    Where is this retail property located?
    The property is located at 5000 Smithridge Dr Reno, NV.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: Retail property available for sale.; Located in Reno, Nevada.
    Contact an agent
    (775) 225-0826 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ian Cochran
    Ian Cochran
    Real Estate License ID: NV B.145434.LLC
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