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    6625 Virginia St Reno, NV 89511
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    Property profile & analytics

    6625 Virginia St, Reno, NV 89511

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    • Neighborhood centers
    • 153,571 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commons Shopping Center / Shopping Center & Mall
    • Galaxy Auto Parts / Auto Parts Store
    • Mattress Firm Virginia / Furniture & Home Goods
    • Foreclosure and Short Sale Professional / Real Estate Agency

    Property Details for 6625 Virginia St

    Year built
    2004
    Property type
    Neighborhood centers
    Property subtype
    Power centers

    Description

    The Commons, a Class A, 153,571 square foot retail power/strip center in Reno's prime retail corridor, offers multiple spaces for lease. Two spaces are currently available, ranging from 1,065 to 2,423 contiguous square feet, with a total of 4,685 square feet of vacant space. Located on South Virginia Street, this one-story building boasts excellent visibility and signage potential due to its proximity to I-580, a fully signalized intersection at Neil Road, and its location just a quarter-mile from freeway on/off ramps. The center benefits from high traffic counts, with an average of 23,900 vehicles daily on South Virginia Street and 115,000 vehicles daily on I-580. Strong demographics include 69,393 residents within a 3-mile radius, boasting a median household income of $54,487, and a robust daytime population of 61,563 workers within the same radius. The property sits on 12.36 acres and includes 625 parking spaces. Major co-tenants include DSW Shoes, PetSmart, Guitar Center, David's Bridal, Total Wine, 5.11 Tactical, Starbucks, California State Automobile Association, Kenny G Jewelers, Massage Envy, Mattress Firm, Eyemart Express, Great Clips, Teriyaki Madness, and Tacos El Rey. The center's location near the 141-acre Rancharrah master-planned community, featuring 600+ new homes and extensive commercial development, further enhances its appeal. This is a unique opportunity to secure retail space in a thriving Reno location. The property was built in 2004.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.784
    Latitude
    39.4665
    More about this property
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