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Property profile & analytics
OFF-MARKET Estimated value $4,790,000
Retail space

3370 Kietzke Ln Reno, NV 89502-4704

9,600 SF 0.73 ac lot Built 1978
Entity Owned 4-yr Hold Free & Clear
Property ID
US62-0564835
Property summary
AI-generated overview

Kietzke Center, located at 3370 Kietzke Lane, Reno, NV 89502, offers exceptional retail opportunities in a high-traffic location. This 160,096 square foot shopping center boasts a diverse tenant mix, anchored by CAL Ranch Stores, CSL Plasma, and Fitness Connection. The center also benefits from the proximity of shadow anchors Sportsman's Warehouse and Ashley Furniture, further enhancing its draw. The property is situated in southeast Reno, conveniently located just west of I-580, across from the Reno-Sparks Airport and Reno Convention Center, at the intersection of Kietzke Lane and Moana Lane in Washoe County. Multiple suites are available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 26,092 square feet. Currently, there are 33,112 square feet of vacant space available for lease, offering flexibility for various retail concepts. The property consists of four total building suites, providing a well-established and thriving retail environment. This is an excellent opportunity to establish or expand your business in a dynamic and highly visible location within a successful shopping center.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction WOOD
Total area 9,600 SF
Lot 0.73 ac (32,016 SF)
Zoning code MU
APN 020-051-05
UPID US62-0564835
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
  • Aaron's Rent To Own Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.79M
Owner & transaction history
City Of Reno · 4 yrs held
City Of Reno
since 2022
Last sale
$4.5M
2 recorded transactions
2022
Price N/A
2013
$4.5M
Zoning & alternative use
MU · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.3M +140.9%
Restaurant $3.9M +50.1%
Neighborhood: shopping center $3.9M +47.4%
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