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Property profile & analytics
FOR LEASE
Office buildings

10615 Professional Cir Reno, NV 89521

46,358 SF 3.35 ac lot Built 2005
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US62-0405538
Property summary
AI-generated overview

This exceptional Class A, two-story office building, totaling 46,358 square feet, is situated in South Reno's newest submarket, offering unparalleled convenience and visibility. Built in 2005, the property boasts abundant natural light and stunning views of Mount Rose and the Sierra Nevada mountains. Its strategic location provides easy access to I-580 on and off ramps, public transportation, and a full complement of retail amenities. The building enjoys high visibility signage facing I-580/US-395, ensuring maximum brand exposure. The property features modern technological infrastructure, including fiber optics, DSL, and T-1 lines, catering to the needs of today's businesses. The building sits on a 3.35-acre lot (APN: 160-060-27) and is zoned PUD. Convenient access to Double R Blvd, South Meadows Pkwy, and Damonte Ranch Pkwy further enhances its appeal. This multiple-tenancy building includes elevators and offers a negotiable lease rate. The property is ideally suited for businesses seeking a prestigious and functional workspace in a thriving area. The expansive lot size of 145,839 square feet provides ample space for future expansion or additional amenities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 46,358 SF
Lot 3.35 ac (145,839 SF)
Zoning code PD
APN 160-060-27
UPID US62-0405538
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
  • Tony Hartono - COUNTRY Financial representative Insurance Agency
  • Naomi Chacon - COUNTRY Financial Agent Financial Advisor
  • Shane McCartin - COUNTRY Financial Agent Financial Advisor
  • Blackhawk Network Telecommunications Service Tech Support Center
  • Scott Hix - Country Financial Reno Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.36M
Owner & transaction history
10615 Professional Circle LLC · 12 yrs held
10615 Professional Circle LLC
since 2013
3 recorded transactions
2021
Price N/A
2013
$4.7M
2004
Price N/A
Zoning & alternative use
PD · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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