2295 Virginia St Reno, NV 89502
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.
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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.
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.