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Orchard Plaza 2295 S Virginia St 825 - 4,258 SF of Retail Space Available in Reno, NV 89502
HIGHLIGHTS
- Population within a 3-mile radius is 110,871 with an average household income of $87,586
- An average of 26,100 vehicles per day on South Virginia Street and 18,000 vehicles along Plumb Lane
- Located just south of Reno’s MidTown District, which is occupied by over 150 businesses that include local restaurants and bars, boutiques & many more
- Strong daytime population of 181,707 workers within 3-miles
- The center offers ample parking and benefits from ±476 feet of frontage along South Virginia Street
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 14 | 825 SF | Negotiable | $29.31 CAD/SF/YR $2.44 CAD/SF/MO $24,184 CAD/YR $2,015 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 16 | 1,520 SF | Negotiable | $29.31 CAD/SF/YR $2.44 CAD/SF/MO $44,558 CAD/YR $3,713 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 6 | 1,913 SF | Negotiable | $29.31 CAD/SF/YR $2.44 CAD/SF/MO $56,078 CAD/YR $4,673 CAD/MO | Triple Net (NNN) |
2295-2303 S Virginia St - 1st Floor - Ste 14
Retail Space Available
- Lease rate does not include utilities, property expenses or building services
2295-2303 S Virginia St - 1st Floor - Ste 16
- Lease rate does not include utilities, property expenses or building services
2295-2303 S Virginia St - 1st Floor - Ste 6
Please do not disturb current tenants.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT ORCHARD PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Black Bear Diner
- Accommodation and Food Services
- -
- -
- El Pollo Loco
- Accommodation and Food Services
- -
- -
- Iron 24 Fitness
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Black Bear Diner | Accommodation and Food Services | - | - |
| El Pollo Loco | Accommodation and Food Services | - | - |
| Iron 24 Fitness | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
| Total Space Available | 4,258 SF | Frontage | 300’ on 2295 S. Virginia Street |
| Center Type | Strip Center | Gross Leasable Area | 25,914 SF |
| Parking | 150 Spaces | Total Land Area | 2.89 AC |
| Stores | 16 | Year Built | 1989 |
| Center Properties | 1 |
| Total Space Available | 4,258 SF |
| Center Type | Strip Center |
| Parking | 150 Spaces |
| Stores | 16 |
| Center Properties | 1 |
| Frontage | 300’ on 2295 S. Virginia Street |
| Gross Leasable Area | 25,914 SF |
| Total Land Area | 2.89 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Located in Central Reno within close proximity to MidTown and high-density residential neighborhoods. Excellent visibility on South Virginia Street, a heavily-traveled road with over 26,100 vehicles per day. Orchard Plaza sits directly across South Virginia Street from the new RED Development, and just blocks away from Reno Public Market, the redevelopment of the former Shoppers Square. Lease Rate: $1.75/SF/MO NNN
NEARBY MAJOR RETAILERS
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Orchard Plaza | 2295 S Virginia St
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