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Property profile & analytics
OFF-MARKET
Strip malls

2295 Virginia St Reno, NV 89502

31,164 SF Built 1978
Property ID
Property summary
AI-generated overview

Orchard Plaza, located at 2295 S Virginia St, Reno, NV 89502, presents a compelling retail investment opportunity. This single-story, 31,164 square foot strip retail center, built in 1978, boasts excellent visibility on South Virginia Street, a major thoroughfare with over 26,100 vehicles passing daily. Currently, 4,031 square feet of space is available, divisible into units ranging from 825 to 2,131 contiguous square feet. The property sits on a 3.63-acre lot and enjoys a central Reno location, close to Midtown and densely populated residential areas. Its strategic position across from the new RED Development and near the Reno Public Market (formerly Shoppers Square) ensures high foot traffic and strong brand recognition potential. The lease rate is $1.75 per square foot per month, NNN. This property offers a unique chance to establish a presence in a thriving Reno neighborhood with exceptional visibility and accessibility. The cross street is Cadillac Pl, and the property is situated in Washoe County.

Property profile
Verified
Property type Strip malls
Year built 1978
Total area 31,164 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hi-cap firearms jewelry and more Gun Shop Gold Dealer
  • Isabel C Bacigalupi Agency Inc American Family Insurance Insurance Agency
  • Life Force NV Chiropractic Alternative Medicine Practice
  • Dress for Success Reno - Northern Nevada Charitable Organization Social Service Agency
  • Iron 24 Fitness + Recovery Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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