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Class A Office Building
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5250 S Virginia St, Reno, NV 89502

Multi-tenant office building with excellent visibility and upscale finishes.

Space Size2,490 SF - 9,482 SF
Property Size85,510 SF
Days on Market2295

Property Features for 5250 S Virginia St

General Information

Standard status Active
Size 2,490 SF - 9,482 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 85,510 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 5250 S Virginia St Contact us

Suite 360

Size
6,992 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 380

Size
2,490 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 360 and 380

Size
9,482 SF
Type
Office
Availability
Active
Contact us
Listing Agency: CBRE - Reno
Listed By: David Woods · License #72655
Source: Crexi
Added: May 18, 2020 Changed: Aug 14 Last Checked: Aug 26 at 8:58AM

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 - Reno

Investment Insights

Based on property information with market context.

This Class A multi-tenant office building is situated in the Meadowood submarket, at the corner of South Virginia Street and McCarran Boulevard. The location offers excellent signage and freeway visibility, with close proximity to retail amenities and public transportation. The building features upscale finishes throughout. Under new ownership and management, the building will offer generous tenant improvement packages.

Key Highlights

  • Class A office building in a prime location at the corner of South Virginia Street and McCarran Boulevard.
  • Excellent signage and freeway visibility.
  • Generous tenant improvement packages offered by new ownership.

Property Analytics

Current Use

Independent Financial Group, ... Financial Advisor United HealthCare Big Box & Wholesale Store Capital Insurance Group Insurance Agency Reno Fire Department ... Fire Station Unitek College Reno ... College

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Restaurant Nail Salon Skin Care Clinic

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

Lease Details

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

Demographics for 89502, NV

47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value

Market

Vacancy Rate% for Office in Reno, NV

9.9% 2019
12.5% 2020
9.8% 2021
10.2% 2022
12.5% 2023
10.6% 2024
9.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with excellent visibility and upscale finishes.
Where is this office building located?
The property is located at 5250 S Virginia St Reno, NV.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Class A office building in a prime location at the corner of South Virginia Street and McCarran Boulevard.; Excellent signage and freeway visibility.; Generous tenant improvement packages offered by new ownership.
(775) 356-6290 Call to check price and availability
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