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12 & 22 W Taylor St 12 W Taylor St 1,812 SF 100% Leased Retail Building Reno, NV 89509 $1,254,932 CAD ($692.57 CAD/SF)
INVESTMENT HIGHLIGHTS
- Excellent Midtown location with high walkability and visibility
- Recently renovated interiors (2017)
- Stable, long-term tenants at market rate with lease extensions in place
EXECUTIVE SUMMARY
Excellent opportunity to acquire two income-producing commercial buildings on a single parcel in the center of Midtown Reno—one of the city’s most desirable business districts with excellent walkability, visibility, and tenant demand.
12 W Taylor Street – A 988± SF office building currently leased to a long-term tenant through 2029 on a modified gross lease, with two additional options to extend.
22 W Taylor Street – A beautifully renovated 824± SF building (updated in 2017) leased through 2027 on a modified gross lease, also with two extension options.
Both properties are well maintained, fully leased, and benefit from their prime Midtown location surrounded by restaurants, coffee shops, retail, and professional services. This walkable, vibrant neighborhood continues to attract strong tenant interest, making this an excellent long-term investment.
Highlights:
Two commercial buildings totaling 1,812± SF on one parcel
Stable, long-term tenants at market rate with lease extensions in place
Modified gross lease structures
Excellent Midtown location with high walkability and visibility
Recently renovated interiors (2017)
12 W Taylor Street – A 988± SF office building currently leased to a long-term tenant through 2029 on a modified gross lease, with two additional options to extend.
22 W Taylor Street – A beautifully renovated 824± SF building (updated in 2017) leased through 2027 on a modified gross lease, also with two extension options.
Both properties are well maintained, fully leased, and benefit from their prime Midtown location surrounded by restaurants, coffee shops, retail, and professional services. This walkable, vibrant neighborhood continues to attract strong tenant interest, making this an excellent long-term investment.
Highlights:
Two commercial buildings totaling 1,812± SF on one parcel
Stable, long-term tenants at market rate with lease extensions in place
Modified gross lease structures
Excellent Midtown location with high walkability and visibility
Recently renovated interiors (2017)
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
1,812 SF
Building Class
B
Year Built/Renovated
1926/2017
Price
$1,254,932 CAD
Price Per SF
$692.57 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.10 AC
Zoning
MUMC
AMENITIES
- Storage Space
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
1 of 19
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