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    6407 Virginia St Reno, NV 89511

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Reno storefront, 3,254 sq ft.

    Lot size:
    3,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail storefront opportunity is located at one of Reno's busiest intersections, offering unparalleled visibility and access. Situated within the thriving Meadowood Mall sub-market, this space is part of The Crossing at Meadowood Square, a center experiencing significant upgrades, including a complete facade renovation. Currently, 3,254 square feet are available, but the anchor space is expandable and sub-dividable from approximately 3,000 to 11,700 square feet, providing flexibility for various business needs. The property benefits from its proximity to major retailers such as JaDa Loft Woman's Boutique, In Italia Men's Wear, and the soon-to-open Panera Bread Drive-Thru (2023). Its strategic location at the signalized intersection of Neil Road and South Virginia Street ensures excellent signage opportunities and high visibility. The location boasts exceptional accessibility, being less than 10 seconds from the Highway 580/395 Neil Road off-ramp, maximizing exposure to the high volume of traffic. With an impressive 46,500 average daily traffic count (ADT) on the surface streets and 116,000 ADT on Highway 580/395, this location offers a rare chance to establish a business in a high-demand area near Northern Nevada's only Class A Simon Mall. This is an ideal opportunity for businesses seeking high visibility and strong foot traffic in a rapidly growing Reno retail hub.

    Property Features for 6407 Virginia St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,254 SF

    Unit(s) available at that property

    Space
    Suite 130
    Size
    3,254 SF

    HighLights

    • High‑traffic retail storefront available at a prime Reno intersection.
    • Join successful retailers in the thriving Meadowood area.
    • Flexible space: 3,000‑11,700 square feet, divisible.
    • Prominent location near JaDa Loft, In Italia, and Home Depot.
    • New Panera Bread drive‑thru opening in 2023.
    • Building exterior undergoing upgrades.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trek Bicycle Reno Bicycle Shop Ski Pro Ski Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office 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
    -119.7851544
    Latitude
    39.4676012

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Reno storefront, 3,254 sq ft.
    Where is this individual retail property located?
    The property is located at 6407 Virginia St Reno, NV.
    What are key features of this property?
    This property features: High-traffic retail storefront available at a prime Reno intersection.; Join successful retailers in the thriving Meadowood area.; Flexible space: 3,000-11,700 square feet, divisible.
    Request Owner's contact information
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    Reno, NV 89511
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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
    6407 Virginia St Reno, NV 89511
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