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6625 S VIRGINIA ST, Reno, NV 89511

A multi-tenant center on South Virginia Street combines national and regional retailers with local service, medical, and food businesses.

Property SizeContact for details
Days on Market11

Property Features for 6625 S VIRGINIA ST

General Information

Standard status Active
Property subtype Retail
Listing Agency: Newmark | Los Angeles - Downtown
Listed By: Kyle Miller · License #NV S.0196952
Source: Crexi
Added: Sep 17 Changed: Sep 26 Last Checked: Sep 26 at 5:12AM

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 Newmark | Los Angeles - Downtown

Investment Insights

Based on property information with market context.

Built in 2005, this community shopping center contains approximately 148,275 SF across 24 suites on 12.36 acres. Occupancy is 99.3%, with 23 tenants and approximately 82% of net rentable area occupied by national and regional credit tenants. The roster includes Total Wine & More, PetSmart, DSW, Guitar Center, and 5.11 Tactical, alongside service, medical, and food businesses.

The center fronts South Virginia Street, a north–south retail corridor connecting Midtown Reno with the area’s big-box trade area. It has freeway-visible signage along Interstate 580 and sits in the same corridor as Whole Foods, Walmart, Kohl’s, Target, Home Depot, WinCo, and Meadowood Mall. Reported traffic is approximately 108,000+ vehicles per day on Interstate 580 and approximately 23,900 vehicles per day on South Virginia Street.

The current tenant roster has a weighted average tenure exceeding 15 years. The property spans two parcels and is located in Reno, Nevada.

Key Highlights

  • Approximately 148,275 SF community center on 12.36 acres
  • 99.3% leased across 23 tenants and 24 suites
  • Approximately 82% of net rentable area leased to national and regional credit tenants

Property Analytics

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Current Use

Commons Shopping Center Shopping Center & Mall Galaxy Auto Parts Auto Parts Store Mattress Firm Virginia Furniture & Home Goods Foreclosure and Short Sale ... Real Estate Agency

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service Butcher Storage Facility

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

2,041
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Similar Off Market Nearby

  • Sierra Meadows Plaza — 7111 S Virginia St, Reno, NV 89511
  • Nevada DMV Now Kiosk — 6795 S Virginia St Suite D, Reno, NV 89511
  • Sierra Town Center — S Virginia St, Reno, NV 89511
  • Commons Shopping Center — 6625 S Virginia St, Reno, NV 89511
  • The Crossing at Meadowood Square — 6405 S Virginia St, Reno, NV 89511

Frequently Asked Questions

What type of property is this?
Shopping center - A multi-tenant center on South Virginia Street combines national and regional retailers with local service, medical, and food businesses.
Where is this shopping center located?
The property is located at 6625 S VIRGINIA ST Reno, NV.
What are key features of this property?
This property features: Approximately 148,275 SF community center on 12.36 acres; 99.3% leased across 23 tenants and 24 suites; Approximately 82% of net rentable area leased to national and regional credit tenants
More about this property
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