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    5110 Mae Anne Ave Reno, NV 89523

    Sponsored
    For Lease
    Contact for pricing

    Reno, NV Community Shopping Center

    Lot size:
    273,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Ridgeview Plaza, a 273,960 square foot community shopping center in Northwest Reno, Nevada, offers a prime retail space of 2,832 square feet. Located at 5110 Mae Anne Ave, Reno, NV 89523, this single-story building boasts a prominent location near the intersection of McCarran Blvd and Mae Anne Ave, benefiting from high daily traffic counts of approximately 28,600 vehicles on McCarran Boulevard and 12,500 on Mae Anne Ave. The property sits on a 29-acre lot and was built in 1990. It's strategically positioned near the I-80 four-way interchange, providing excellent accessibility. The center is anchored by major retailers including Safeway, PetSmart, ULTA, Ross, and Kohl's, and is surrounded by a thriving mix of residential and commercial developments, schools, and the University of Nevada, Reno. Strong co-tenancy includes Verizon, Chipotle, Baskin Robbins, and many other popular businesses. The Northwest Reno submarket is experiencing significant growth, with 4,800 residential units approved or under construction, and an additional 429 pending approval. This presents a unique opportunity for businesses to capitalize on a densely populated and rapidly expanding area. The property's visibility and location within a successful shopping center make it an ideal investment for a variety of retail uses.

    Property Features for 5110 Mae Anne Ave

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    273,960 SF

    Building Details

    Year Built
    1990
    Stories
    1

    Unit(s) available at that property

    Space
    704 & 705
    Size
    2,832 SF

    HighLights

    • 2,832 square feet of retail space available in a 273,960 square foot community shopping center.
    • High traffic counts: ~28,600 vehicles daily on McCarran Blvd and ~12,500 on Mae Anne Ave. Located near the I‑80 interchange.
    • Strong co‑tenancy including Safeway, PetSmart, ULTA, Ross, Kohl's, Verizon, Chipotle, and Baskin Robbins.
    • Located in a rapidly growing Northwest Reno submarket with significant residential development.
    • 1,200‑2,400 square feet of additional retail space available.
    • Excellent highway access via I‑80.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pure Barre Gym iLoveKickboxing - Northwest Reno, ... Kickboxing School Mathnasium Tutoring Service TagWorks Pet Supply Store Banfield Pet Hospital Veterinarian

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8660619
    Latitude
    39.5297228

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    FAQs

    What type of property is this?
    Community center - Reno, NV Community Shopping Center
    Where is this community center located?
    The property is located at 5110 Mae Anne Ave Reno, NV.
    What are key features of this property?
    This property features: 2,832 square feet of retail space available in a 273,960 square foot community shopping center.; High traffic counts: ~28,600 vehicles daily on McCarran Blvd and ~12,500 on Mae Anne Ave. Located near the I-80 interchange.; Strong co-tenancy including Safeway, PetSmart, ULTA, Ross, Kohl's, Verizon, Chipotle, and Baskin Robbins.
    Request Owner's contact information
    5110 Mae Anne Ave Reno, NV 89523
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    Reno, NV 89523
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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
    5110 Mae Anne Ave Reno, NV 89523
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