Property profile

0 Virginia St. & Kietzke Ln Reno, NV 89509

OFF-MARKET
Lifestyle centers
152,639 SF
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Property summary

AI-generated overview

Redfield Promenade, a prime retail center in Reno, Nevada, offers exceptional leasing opportunities. Located at the high-traffic intersection of S. Virginia St. and Kietzke Lane, this shopping center boasts a total of 152,639 square feet of retail space. Currently, there are multiple spaces available, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 18,987 square feet. A total of 20,387 square feet is currently vacant, presenting a unique chance for businesses to establish a strong presence in this thriving area. The property is classified as a commercial shopping center with multiple tenancies, ensuring a diverse and vibrant atmosphere. Ample parking is provided with 830 spaces available for customers and employees. This location in Washoe County, zip code 89509, benefits from high visibility and convenient access for shoppers. The property's strategic location and substantial space options make it an ideal choice for a variety of retail businesses seeking to expand or establish themselves in the Reno market. Contact us today to learn more about the available spaces and lease terms.

Property profile

Verified
Property type Lifestyle centers
Total area 152,639 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Virginia St. & Kietzke Ln Reno, NV 89509
Reno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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