1901 Silverada Blvd, Reno, NV 89512
For Lease
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This exceptional Class A, 125,000 square foot, grocery-anchored shopping center at 1901 Silverada Blvd, Reno, NV 89512, presents a compelling investment opportunity. The property boasts seven single-story buildings situated on a spacious 10.43-acre lot. Currently undergoing extensive renovations commencing in early 2024, this center is poised for significant growth and enhanced performance. The renovations are designed to transform this already successful asset into a top-performing property. With a total of 125,000 square feet, there are currently 36,442 square feet of vacant space available for lease, offering various unit sizes ranging from 1,235 to 29,443 square feet, ideal for a variety of retail tenants. The center's prime location in Reno, Nevada, ensures high visibility and accessibility, attracting a substantial customer base. This is a rare chance to acquire a well-positioned, improving retail center in a thriving market. The property's multiple tenancy structure provides diversification and stability, making it an attractive investment for both seasoned and emerging investors. Don't miss this opportunity to capitalize on the revitalization of this prominent Reno shopping destination.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
GC · Reno, NVReno. Always verify with local authorities before improvements.
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.