100% Leased NNN Building 1039-1045 S Virginia St 11 700 pi² 100% Loué Commerce de détail Immeuble Reno, NV 89502 8 962 637 $ CAD (766,04 $ CAD/pi²) 7% Taux de capitalisation

CBRE, Inc. is pleased to offer for sale a meticulously maintained, state of the art NNN leased, multi-tenant commercial building in the heart of Reno's vibrant Midtown District. This exceptional offering presents a rare opportunity for investors, combining iconic design with state-of-the-art systems and successful tenants.
The building boasts strong returns for a passive investor where premier tenants are on long-term NNN leases, including full CAM/expense recovery which also covers management and administrative fees. Current tenants are some of the most popular businesses in Midtown including: Parlay6 Brewing Co., Pizzava Pizza, Rum Sugar Lime, and The Nuclear Company. The owner of the building also owns all of the brewing equipment and restaurant fixtures within the Parlay6 suite, which is included in the purchase price.
Ideal 1031 exchange property offering ease of ownership through high quality improvements and stability of income. Originally built in 1941 and extensively renovated with lifetime warranties in 2017, the property at 1039-1045 S. Virginia features 100% brand new systems in a 1940’s brick shell.
Some of the building’s features include:
-Fully Renovated and Modernized: Features a classic 1940s brick shell with completely new, state-of-the-art systems throughout.
-Robust Infrastructure: Equipped with a dedicated fiber optic internet hub, ample 3-phase power (up to 400 amps), and a “lifetime” roof system.
-Commercial Grade Amenities: Includes a 2,000-gallon grease interceptor plumbed into every ground-floor space, catering to diverse business needs.
-Tenant Success & Recognition: Parlay6’s beer is distributed at major retailers like Costco and Trader Joe’s; has also won “Best Burger” awards in Reno.