Listing Agency: CBRE - Reno d***@cbre.com Show Phone

Listed By: David Woods · License #0072655 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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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 provides excellent signage and freeway visibility, with close proximity to retail amenities and public transportation. The building, under new ownership and management, offers generous tenant improvement packages and features upscale finishes throughout.

Key Highlights

• Class A multi‑tenant office building
• Excellent signage and freeway visibility
• Located in the heart of Meadowood Submarket at the corner of South Virginia Street and McCarran Boulevard

Property Analytics

Property Profile

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

Location Intelligence

Trade Area within ½ mile

124

Businesses Nearby

Explore this area Business Placement

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

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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 South Virginia Street Reno, NV.

What are key features of this property?

This property features: Class A multi‑tenant office building; Excellent signage and freeway visibility; Located in the heart of Meadowood Submarket at the corner of South Virginia Street and McCarran Boulevard