Self Storage
8805 North Red Rock Road Reno, NV 89508
For Sale
Contact for pricing
For-sale self storage facility totaling 81,800 square feet in Reno.
Property Size81,800 SF
Price / SF$201.71
Days on Market99
Property Features for 8805 North Red Rock Road
General Information
- Standard status
- Active
- Size
- 81,800 SF
- Property subtype
- Retail, Self Storage
Building Details
- Year Built
- 2022
Listing Agency:
Marcus & Millichap - Sacramento
Listed By:
Daniel Kuchugurny · License #CA 01917475
Source:
Crexi
Added: Apr 17
Changed: Jul 22
Last Checked: Jul 23 at 12:01PM
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 Marcus & Millichap - Sacramento
Investment Insights
Based on property information with market context.
This for-sale self storage facility provides 81,800 square feet of total space, offered within a commercial real estate package that is also categorized under warehouse and retail property types.
Located at 8805 North Red Rock Road in Reno, Nevada (89508), the property is positioned for tenants seeking dedicated storage space within a purpose-built storage asset.
Located at 8805 North Red Rock Road in Reno, Nevada (89508), the property is positioned for tenants seeking dedicated storage space within a purpose-built storage asset.
Key Highlights
- For‑sale self storage facility in Reno totaling 81,800 SF
- Built in 2022
Financial Insights For Retail
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 | $1.62M | $19.80 |
| − Vacancy | −$140.9k | −$1.72 |
| EGI | $1.48M | $18.08 |
| − OpEx | −$443.6k | −$5.42 |
| NOI | $1.04M | $12.65 |
81,800 SF · lease $19.80/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$14.79M
$12.94M – $17.25M
NOI $1,035,112 @ 7.0% cap · market cap 6.27%
Second Best
Self Storage
$12.26M
$10.73M – $14.30M
NOI $858,041 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$25.21M
$22.06M – $29.41M
NOI $1,764,681 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Red Rock Mega ...
Storage Facility
FAQs
What type of property is this?
Self storage facility - For-sale self storage facility totaling 81,800 square feet in Reno.
Where is this self storage facility located?
The property is located at 8805 North Red Rock Road Reno, NV.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: For‑sale self storage facility in Reno totaling 81,800 SF; Built in 2022
