Current Use by Public Records
- Retail properties & Spaces
Property Details for 01 Longley Ln
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
Longley Town Center presents a unique investment opportunity in Reno, Nevada, encompassing 14.65 acres and three existing buildings totaling 26,269 square feet. This mixed-use portfolio includes a 6,520 sq ft fully leased building at 5210 Longley Lane (1.703 acres), a 6,000 sq ft building at 5260 Longley Lane (0.839 acres) ideal for medical, spa, or retail use, and a 13,749 sq ft building at 5270 Longley Lane (2.309 acres), with 8,949 sq ft currently leased, leaving 4,800 sq ft available for similar uses. Four additional build-to-suit pads are also available, ranging from 0.85 to 5.403 acres, perfect for new medical offices, drive-thrus, or retail spaces. One pad has a conceptual design for a five-building state-of-the-art medical park adjacent to the Northern Nevada Sierra Medical Center. The property boasts high visibility on Longley Lane, McCarran, and Double R, with 28,000 cars passing daily. Its location near restaurants and retail amenities ensures a thriving environment for diverse businesses. This offering combines immediate rental income with the potential to develop the last desirable lots in South Reno, making it an exceptional investment opportunity. The asking price is $14,000,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.765
- Latitude
- 39.4769
