2675-2697 Mill St Reno, NV 89502
This exceptional Reno, Nevada industrial investment opportunity presents a fully stabilized, multi-tenant warehouse complex at 2675 & 2697 Mill St. The property boasts 44,995 square feet across a single, one-story building situated on a 2.02-acre lot. Built in 1970 and extensively renovated in 2024, the property currently enjoys 100% occupancy with three tenants. The asking price is $9,300,000, translating to a price per square foot of $206.69. The property is zoned MU and features two dock-high doors, making it ideal for various industrial uses. This stabilized investment offers a compelling opportunity for long-term income generation and appreciation. The property's recent renovation ensures modern functionality and efficiency, while its prime location in Reno, Nevada, within Washoe County, and its 100% occupancy rate provide immediate and substantial cash flow. The property's strong tenant base and favorable market conditions contribute to its attractive investment profile. This is a rare chance to acquire a high-performing industrial asset in a thriving market. The zip code is 89502.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.