Single-Story Office Building with Glass
For Sale
Contact for pricing
5365 RENO CORPORATE DR, Reno, NV 89511
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 Market149
Property Features for 5365 RENO CORPORATE DR
General Information
Standard status
Active
Size
2,986 SF
Class
A
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Additional Details
Highway Access
Yes
Building Details
Year Built
2019
Stories
1
Units
1
Tenancy
Single
Listing Agency:
ArchCrest Commercial Partners LLC
Listed By:
Kevin Annis SIOR, CCIM · License #NV 1000617
Source:
Crexi
Added: May 29
Changed: Oct 21
Last Checked: Oct 23 at 4:54AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$52,785
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,055,700
$1.1M
Cap Rate 7%
$754,071
$754.1K
Cap Rate 9%
$586,500
$586.5K
Market Conditions
NOI Build-Up for 2,986 SF
Gross rent
$86.4K $28.92/SF
− Vacancy
−$16.0K −$5.35/SF
EGI
$70.4K $23.57/SF
− OpEx
−$17.6K −$5.89/SF
NOI
$52.8K $17.68/SF
Area
Reno, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,055,700
Cap Rate 7%
$754,071
Cap Rate 9%
$586,500
Alternative Uses
Best Use
Office B
$754.1K
$659.8K – $879.8K
NOI $52,785 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
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 authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,210
Businesses Nearby
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Business Placement
Demographics for 89511, NV
29,143
Population
13,628
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
96%
High-School Grad
131.6 sq mi
ZIP Area
221
Density / Sq Mi
$117,287
Median Household Income
$57,950
Median Earnings
$1,860
Median Rent
$903,300
Median Home Value
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Market
Vacancy Rate% for Office in Reno, NV
Frequently Asked Questions
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
