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Stabilized Cash Flowing Reno Retail 3000-3090 Mill St 39,048 SF 92% Leased Retail Building Reno, NV 89502 $12,905,600 CAD ($330.51 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Seller Interest Only Financing Available! (Check Data Room)
  • Positioned just off the intersection of Mill St and Terminal Way, providing direct exposure to over 38,000 passing vehicles daily.
  • Ten-mile population of 429,000 has increased at double the rate of the national average, leading to over $5.6 billion in consumer spending in 2022
  • Recently renovated retail center fully occupied by a diverse tenant mix on NNN leases.
  • Highly accessible location just five minutes from I-80, ten minutes from downtown, and three minutes from Reno-Tahoe International Airport.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
39,048 SF
Building Class
C
Year Built/Renovated
1971/2021
Price
$12,905,600 CAD
Price Per SF
$330.51 CAD
Cap Rate
6%
NOI
$774,336 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
2.57 AC
Zoning
ME - Mixed Employment
Parking
134 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
559’ on Mill St

AMENITIES

  • Bus Line
  • Corner Lot
  • Fenced Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 3,200 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 3,200 SF Retail - Now

1st Floor

Size
3,200 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 3,200 SF
Space Use Retail
Position -
Available Now

NEARBY MAJOR RETAILERS

Cross Fit Black & Blue
Jazzercise
EquipmentShare
Johnny Rockets
Fat Tuesday
Starbucks
Peet's Coffee & Tea
Dotty’s
Capriotti's
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013-322-15
Land Assessment
$786,534 CAD
Improvements Assessment
$382,308 CAD
Total Assessment
$1,168,842 CAD
  • Listing ID: 26156813

  • Date on Market: 2023-05-16

  • Last Updated:

  • Address: 3000-3090 Mill St, Reno, NV 89502

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