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    2870 Northtowne Ln Reno, NV 89512

    Sponsored
    For Lease
    $27 SF/Yr ($13,050 /Mo)

    High-traffic retail center, 1,200 SF available

    Lot size:
    5,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-story, 5,800 square foot retail building, constructed in 2008, is located at 2870-2880 Northtowne Ln, Reno, NV 89512. The property is situated at the intersection of North McCarran Blvd and Hwy 395, offering excellent visibility and accessibility. Currently, 1,200 square feet of retail space is available for lease within this multi-tenant strip center. The building features a total of 5,800 square feet and is zoned for general retail use. The property benefits from its location in a high-traffic area, anchored by a CVS Pharmacy and complemented by several restaurants, ensuring a strong customer base. The property's APN is 026-182-64 and is situated within the Reno submarket. This presents a unique opportunity for businesses seeking a prime retail location in a thriving area. The building consists of one building with one story.

    Property Features for 2870 Northtowne Ln

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,800 SF
    Total Rate
    13050

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,200 SF
    Rate per SF
    $27

    HighLights

    • 1,200 SF retail space available for lease in Suite 102.
    • 5,800 SF single‑story retail building built in 2008.
    • Located at 2870‑2880 Northtowne Ln, Reno, NV 89512, at the intersection of North McCarran Blvd and Hwy 395.
    • High‑traffic location anchored by CVS and several restaurants.
    • Zoned for general retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Don Pancho Mexican ... Mexican Restaurant Dotty's Casino Casino Chileros Taco Shop Restaurant ATM (ATM Link, ... Atm Tavos Mexican Grill ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.78209233528
    Latitude
    39.555735888529

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, 1,200 SF available
    Where is this retail property located?
    The property is located at 2870 Northtowne Ln Reno, NV.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF retail space available for lease in Suite 102.; 5,800 SF single-story retail building built in 2008.; Located at 2870-2880 Northtowne Ln, Reno, NV 89512, at the intersection of North McCarran Blvd and Hwy 395.
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    2870 Northtowne Ln Reno, NV 89512
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    Reno, NV 89512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2870 Northtowne Ln Reno, NV 89512
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