5470 Kietzke LnReno, NV 89511

Property Details for 5470 Kietzke Ln

Year built

2002

Construction

STEEL FRAME

Lot size

3.29 AC

Property size (Sq ft)

56,594 SF

Zone code

SPD

Property type

Office properties

Property subtype

Office buildings

APN

040-972-43

APU

4097243

Description

This exceptional Class A office space, part of the Mountain View Corporate Center, offers 2,890 square feet for lease. Located at 5470 Kietzke Ln in Reno, Nevada's Meadowood submarket, this property boasts a prime location with excellent freeway visibility and signage. The single, three-story building, constructed in 2003, totals 56,589 square feet and sits on 3.37 acres of land in Washoe County (APN 040-972-43). The building features upscale finishes throughout and provides ample parking with 195 spaces. Elevators are available for convenient access to all three floors. The property is ideally situated near retail amenities and public transportation, offering employees easy access to various services and commuting options. Furthermore, its proximity to Anderson Park provides employees with a nearby green space featuring walking paths and picnic areas. This multi-tenant building caters to a variety of office needs, including traditional, executive, and creative office spaces. The building's central location within Reno's Meadowood submarket ensures high visibility and accessibility. This is a rare opportunity to secure high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,293,783

  6.5%

  $10,425,031

  7%

  $9,680,386

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,959,460

  Geo Method

  $12,959,460

• Alternative Use

  Use

  Valuation

  Residential

  $12,927,038

  Hospitality

  $11,841,097

  Educational

  $9,851,654

  Medical

  $10,190,467

  Retail

  $15,324,795

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4651

Longitude

-119.789

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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