Listing Agency: Commercial NNN Lease c***@gmail.com

Listed By: Connie Bradley · License #CA 01034413

Source: Crexi

Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 2:18AM

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Investment Insights

Based on property information with market context.

This 24,000-square-foot retail space is identified with the 24 Hour Fitness name. The property is located at 6155 Neil Road in Reno, Nevada, and is presented with a 7.50% CAP.

Key Highlights

• 24,000 SF retail space
• 7.50% CAP
• Identified as 24 Hour Fitness

Property Analytics

Property Profile

Current Use

Coral Academy of Science ... High School Champions at Coral Academy ... Tutoring Service TJ Allen, DC Alternative Medicine Practice

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Travel Agency Plumbing Service (Bike/Boat/Book/etc) Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

2,169

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Retail in Reno, NV

6.9% 2019

6.5% 2020

6% 2021

5.5% 2022

5.3% 2023

4.5% 2024

4.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space at a Neil Road address in Reno, Nevada.

Where is this retail space located?

The property is located at 6155 Neil Road Reno Reno, NV.

What are key features of this property?

This property features: 24,000 SF retail space; 7.50% CAP; Identified as 24 Hour Fitness