6625-6805 Virginia St Reno, NV 89511
This exceptional retail space, totaling 1,065 square feet, is part of a 153,571 square foot Class "A" retail center at 6625-6805 S Virginia St, Reno, NV 89511. Located in a high-traffic area with excellent visibility and signage potential, bordered by I-580, this property benefits from a fully signalized intersection and proximity (1/4 block) to freeway on/off ramps at Neil Road. The center boasts a strong tenant mix including Starbucks, California State Automobile Association, and several other established businesses. The surrounding area demonstrates robust demographics, with a population of 62,252 within a 3-mile radius and a median household income of $64,665. A significant daytime population of 70,908 workers within 3 miles further enhances the property's appeal. High traffic counts are also a key feature, averaging 19,600 vehicles daily on South Virginia Street and 109,000 vehicles daily on I-580. The property sits on a 12.359-acre lot and includes 625 total parking spaces. Built in 2004, this single-tenant space offers immediate occupancy. The nearby Rancharrah development, a 141-acre master-planned community, adds to the area's growth potential. This is a rare opportunity to secure a retail space in a thriving Reno location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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