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Stabilized Cash Flowing Reno Retail 3000-3090 Mill St 39,048 SF 93% Leased Retail Building Reno, NV 89502 $12,620,793 CAD ($323.21 CAD/SF) 6% Cap Rate
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
- Seller Financing Terms (Interest Only)
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
39,048 SF
Building Class
C
Year Built/Renovated
1971/2021
Price
$12,620,793 CAD
Price Per SF
$323.21 CAD
Cap Rate
6%
NOI
$757,248 CAD
Percent Leased
93%
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
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 645-2,550 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 645-2,550 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 645-2,550 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 013-322-15 | Improvements Assessment | $377,912 CAD |
| Land Assessment | $796,775 CAD | Total Assessment | $1,174,687 CAD |
Property Taxes
Parcel Number
013-322-15
Land Assessment
$796,775 CAD
Improvements Assessment
$377,912 CAD
Total Assessment
$1,174,687 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Stabilized Cash Flowing Reno Retail | 3000-3090 Mill St
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