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OFF-MARKET
Retail properties & Spaces

0 Damonte Rnch Pkwy & Double R Blvd Reno, NV 89521

44,970 SF 3.99 ac lot Built 2020
Property ID
Property summary
AI-generated overview

Double R Marketplace presents a unique pre-leasing opportunity for discerning businesses. This newly constructed (2020) shopping center, totaling 44,970 square feet, is strategically located at the high-traffic intersection of Damonte Ranch Parkway and Double R Boulevard in Southwest Reno's thriving South Reno Retail submarket. The property features four individual suites, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 27,520 square feet, offering flexibility for various retail concepts. Currently, all 44,970 square feet are available for lease. The site boasts excellent freeway visibility and access, enhanced by a lighted intersection, ensuring high visibility and accessibility for customers. Situated on a generous 3.99-acre lot (APN: 160-030-23, Washoe County), this single-story building is zoned PD, providing ample opportunity for a variety of uses. This prime location within the South Reno Retail submarket guarantees strong potential for business growth and success. The property's modern construction and strategic placement make it an ideal location for businesses seeking high visibility and convenient access in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2020
Total area 44,970 SF
Lot 3.99 ac (173,804 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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