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    5905 Virginia St Reno, NV 89502

    For Lease
    $22 SF/Yr

    Class A Office Suites Available

    Lot size:
    29,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office building, located at 5905 S Virginia St, Reno, NV 89502, offers 9,690 square feet of immediately available space in a variety of configurations ranging from 3,832 to 5,857 contiguous square feet. The three-story, 29,616 square foot building, constructed in 1990 and renovated in 2024, boasts two passenger elevators and ample surface parking (4 spaces per 1000 square feet). Situated on a 3.37-acre lot, this property enjoys outstanding visibility from South Virginia Street and I-580/US 395, with potential for building and monument signage. Its prime location across from Meadowood Mall provides easy access to major thoroughfares, public transportation, numerous amenities, and restaurants. The full-service lease rate of $1.85 per square foot per month (excluding suite janitorial) is highly competitive for the Meadowood submarket. The building is professionally managed and well-maintained, offering a desirable environment for businesses seeking a prestigious address in Reno. The building features a Bank of America branch on the ground floor.

    Property Features for 5905 Virginia St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,616 SF
    Class
    A
    Total Rate
    54789.6

    Building Details

    Year Built/Renovated
    1990/2024
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    5,857 SF
    Rate per SF
    $22
    Space
    Suite 201
    Size
    3,833 SF
    Rate per SF
    $22

    HighLights

    • Professionally managed and well‑maintained building.
    • Prime Reno retail location directly across from Meadowood Mall.
    • Excellent northern Nevada accessibility and convenient public transportation.
    • Walkable to numerous amenities and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mortgage, Bank of America Mortgage Lender | Amos Realty Team Real Estate Consultant The Happiest Hour Beverage Distributor The Gabrielli Homes Team ... Real Estate Agents Bank of America ATM ... Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.78775701
    Latitude
    39.4715195

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites Available
    Where is this office property / space located?
    The property is located at 5905 Virginia St Reno, NV.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Professionally managed and well-maintained building.; Prime Reno retail location directly across from Meadowood Mall.; Excellent northern Nevada accessibility and convenient public transportation.
    Request Owner's contact information
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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
    5905 Virginia St Reno, NV 89502
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