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Property profile & analytics
OFF-MARKET Estimated value $7,725,000
Super regional malls

5400 Meadowood Mall Cir Reno, NV 89502-6508

165,792 SF 2.52 ac lot Built 1995
Individually Owned 3-yr Hold Free & Clear
Property ID
US62-0415118
Property summary
AI-generated overview

This exceptional retail opportunity presents two available spaces within the thriving Meadowood Mall in Washoe County. Located in a high-traffic area, these spaces offer significant potential for businesses seeking a prominent location within a well-established shopping center. The available spaces range in size from 12,000 square feet to 82,196 square feet, providing flexibility for various retail concepts. The mall itself boasts a strong anchor tenant and a diverse mix of popular dining and entertainment options, including Cheesecake Factory, Starbucks, Wayback Burgers, and Round 1 Bowling. This creates a vibrant atmosphere that attracts a large number of shoppers throughout the week, particularly during weekends and peak shopping hours. The mall's long-standing presence in the community makes it a highly recognizable and desirable destination for residents and visitors alike. The property features multiple tenants and includes elevators for convenient access throughout the building. This is an unparalleled opportunity to establish or expand your business within a successful and well-regarded shopping center. The high foot traffic and established tenant mix provide a strong foundation for success. Contact us today to learn more about these exceptional retail spaces and secure your place in this thriving community hub.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1995
Construction STEEL FRAME
Total area 165,792 SF
Lot 2.52 ac (109,771 SF)
Zoning code MU
APN 025-372-30
UPID US62-0415118
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
  • David J Beecher, O.D., dba Beecher Saboo Eye Care Physician
  • Frances J. Saboo ,O.D. Physician
  • Round One Family Recreation Center
  • Sears Appliance Repair Home Appliance Store
  • Sears Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.77M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.25M
Blend (final) Blend
$7.73M
Owner & transaction history
Ethan Conrad · 3 yrs held
Ethan Conrad
since 2023
Last sale
$7.6M
6 recorded transactions
2023
$7.6M
2023
Price N/A
2019
Price N/A
2015
Price N/A
1996
$1.0M
1969
Price N/A
Zoning & alternative use
MU · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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