Single-Story Office Building with Glass
5365 RENO CORPORATE DR Reno, NV 89511
For Sale
Contact for pricing
Modern single-level office layout with private offices and a large glass conference room, currently 100% leased.
Property Size2,986 SF
Price / SF$517.41
Days on Market58
Property Features for 5365 RENO CORPORATE DR
General Information
- Standard status
- Active
- Size
- 2,986 SF
- Property subtype
- Office
Building Details
- Year Built
- 2019
Listing Agency:
ArchCrest Commercial Partners LLC
Listed By:
Kevin Annis SIOR, CCIM · License #NV 1000617
Source:
Crexi
Added: May 29
Changed: Jul 10
Last Checked: Jul 25 at 3:28PM
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 ArchCrest Commercial Partners LLC
Investment Insights
Based on property information with market context.
This modern, single-story office building is designed for efficient day-to-day operations. The space includes multiple private offices, a large conference room featuring a floor-to-ceiling wall of glass, open workstations, and dedicated support areas such as a breakroom and storage/IT space. The overall layout is built to support a range of professional and medical office uses.
Located within the Reno Professional Campus in South Reno, the property benefits from proximity to the Northern Nevada Sierra Medical Center. The campus setting is described as convenient to major thoroughfares, including I-580, South Meadows Parkway, and Longley Lane, supporting straightforward access throughout the Reno-Sparks area.
Offered for sale as both an investment and owner-user opportunity, the building is currently 100% leased, providing an in-place tenant situation while allowing for long-term flexibility. With its modern construction and single-level configuration, this property is well-suited for office and healthcare-focused users looking for a functional, professionally laid-out environment within a multi-tenant office campus.
Located within the Reno Professional Campus in South Reno, the property benefits from proximity to the Northern Nevada Sierra Medical Center. The campus setting is described as convenient to major thoroughfares, including I-580, South Meadows Parkway, and Longley Lane, supporting straightforward access throughout the Reno-Sparks area.
Offered for sale as both an investment and owner-user opportunity, the building is currently 100% leased, providing an in-place tenant situation while allowing for long-term flexibility. With its modern construction and single-level configuration, this property is well-suited for office and healthcare-focused users looking for a functional, professionally laid-out environment within a multi-tenant office campus.
Key Highlights
- 2019‑built, modern single‑story office building in South Reno
- Office layout includes multiple private offices, open workstations, breakroom, and storage/IT space
- Large conference room with a floor‑to‑ceiling glass wall
Financial Insights For Office B
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 | $86.4k | $28.92 |
| − Vacancy | −$16.0k | −$5.35 |
| EGI | $70.4k | $23.57 |
| − OpEx | −$17.6k | −$5.89 |
| NOI | $52.8k | $17.68 |
2,986 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$754.1K
$659.8K – $879.8K
NOI $52,785 @ 7.0% cap · market cap 3.42%
Second Best
Healthcare Medical
$662.6K
$579.8K – $773.0K
NOI $46,380 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$920.2K
$805.2K – $1.07M
NOI $64,417 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Berkshire Hathaway HomeServices ...
Real Estate Agency
RB Capital Management
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Donna Presto Signature ...
Title Company
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FAQs
What type of property is this?
Office building - Modern single-level office layout with private offices and a large glass conference room, currently 100% leased.
Where is this office building located?
The property is located at 5365 RENO CORPORATE DR Reno, NV.
What is the asking price?
The asking price for this property is $1,545,000.
What are key features of this property?
This property features: 2019‑built, modern single‑story office building in South Reno; Office layout includes multiple private offices, open workstations, breakroom, and storage/IT space; Large conference room with a floor‑to‑ceiling glass wall
