151 Country Estates Cir Reno, NV 89511
This exceptional 6,716-square-foot freestanding office building in Reno, Nevada's Quail Estates Office Park, presents a compelling investment opportunity. Built in 2005, the single-story structure sits on a 0.16-acre lot and boasts a 100% occupancy rate with a national tenant, Veritext Legal Solutions, under a NNN lease extending through 2028. The property features a desirable creative/medical/traditional office layout, zoned PO, and offers a strong 6.00% cap rate based on a net operating income (NOI) of $161,184 and an asking price of $2,686,000. The current tenant is responsible for all operating expenses, including CAM, taxes, insurance, and maintenance. This is a turnkey investment ideal for a 1031 exchange, offering long-term stability and significant return potential. The property's address is 151 Country Estates Circle, Reno, NV 89511, with APN 043-331-06.
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Sunshine Litigation Services and Technologies Law Firm
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Judge Janet Berry Law Firm
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.