2062 Virginia St Reno, NV 89502
This exceptional Class A retail property, located at 2062 S. Virginia St., Reno, NV 89502, offers 5,500 total square feet across four suites. A significant 1,400 square feet is currently vacant, presenting a unique opportunity for a new tenant. Built in 2024, this new construction boasts excellent visibility with frontage on S. Virginia St., experiencing over 11,200 cars per day (CPD) and enjoys proximity to E. Plumb Ln. (18,000 CPD). The property benefits from its strategic location directly across from the Reno Experience District and the redeveloped Reno Public Market, ensuring high foot traffic and visibility. Access to Midtown/downtown and I-580 is convenient via S. Virginia St. and E. Plumb Ln. The area boasts a strong demographic profile, with over 6,400 residents within a 0.5-mile radius and over 3 million annual visitors to the surrounding area. A daytime population exceeding 20,000 and 1,414 businesses within a 1-mile radius further enhance the property's appeal. Ample parking is available on the west and north sides, and building signage opportunities exist. The property has a Walk Score of 87, reflecting its convenient location within the Midtown district. APN: 019-550-09.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.