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Providence Building 550 E Plumb Ln 5 940 pi² 96% Loué Bureau Immeuble Reno, NV 89502 2 130 502 $ CAD (358,67 $ CAD/pi²) 6,21% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Prime Reno Location
- Value-Add Opportunity
- Strong Income Potential
- Flexible Ownership Options
Résumé de l'annonce
**Prime Value-Add Office Investment – East West Center**
550 E Plumb Lane, Reno, NV 89502
**Asking Price: $1,555,111** ($262/SF)
5,940 SF Class B office building on a 0.22-acre lot in Reno’s Experience District. Built in 1978, with major refreshes completed 2024–2026. Excellent location minutes from Reno-Tahoe International Airport, I-580/US-395, downtown Reno, retail, dining, and medical services. High-visibility site along Plumb Lane, a key arterial in this busy corridor.
Currently maintaining **100% occupancy** with a diversified, stable tenant mix: tax preparation, document services, cosmetology, massage therapy, tutoring, counseling and many more. A key lease renewal is approaching, offering excellent flexibility to increase rents, refresh tenant mix, or reposition for higher-value uses—or convert to owner-user occupancy.
**Recent Capital Improvements**
- All HVAC systems replaced in 2025
- New instant (tankless) water heaters in all four restrooms and two suites
- New flooring (carpet and LVP) in 80% of suites
- Fresh paint in 80% of suites over the last two years
- Suites include in-suite sinks ideal for professional services
These upgrades deliver attractive, move-in-ready spaces that support premium rents. Additional value-add potential remains through targeted improvements to common areas, restrooms, exterior façade, and parking lot.
**Property Specs**
- Square Feet: 5,940
- On-site parking: ~20 spaces
- Zoning: Professional Office (PO)
Reno’s strong economy—driven by tech, logistics, tourism, and population growth—positions this fully leased, stabilized property with immediate upside as an outstanding opportunity for investors or owner-users.
Detailed financials, rent roll, and pro forma available. Contact **Hallmark Investments & Management** for more information or to schedule a tour.
Prime opportunity in one of Reno’s most active submarkets!
550 E Plumb Lane, Reno, NV 89502
**Asking Price: $1,555,111** ($262/SF)
5,940 SF Class B office building on a 0.22-acre lot in Reno’s Experience District. Built in 1978, with major refreshes completed 2024–2026. Excellent location minutes from Reno-Tahoe International Airport, I-580/US-395, downtown Reno, retail, dining, and medical services. High-visibility site along Plumb Lane, a key arterial in this busy corridor.
Currently maintaining **100% occupancy** with a diversified, stable tenant mix: tax preparation, document services, cosmetology, massage therapy, tutoring, counseling and many more. A key lease renewal is approaching, offering excellent flexibility to increase rents, refresh tenant mix, or reposition for higher-value uses—or convert to owner-user occupancy.
**Recent Capital Improvements**
- All HVAC systems replaced in 2025
- New instant (tankless) water heaters in all four restrooms and two suites
- New flooring (carpet and LVP) in 80% of suites
- Fresh paint in 80% of suites over the last two years
- Suites include in-suite sinks ideal for professional services
These upgrades deliver attractive, move-in-ready spaces that support premium rents. Additional value-add potential remains through targeted improvements to common areas, restrooms, exterior façade, and parking lot.
**Property Specs**
- Square Feet: 5,940
- On-site parking: ~20 spaces
- Zoning: Professional Office (PO)
Reno’s strong economy—driven by tech, logistics, tourism, and population growth—positions this fully leased, stabilized property with immediate upside as an outstanding opportunity for investors or owner-users.
Detailed financials, rent roll, and pro forma available. Contact **Hallmark Investments & Management** for more information or to schedule a tour.
Prime opportunity in one of Reno’s most active submarkets!
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Loft
Taille du bâtiment
5 940 pi²
Classe d’immeuble
C
Année de construction/rénovation
1978/2004
Prix
2 130 502 $ CAD
Prix par pi²
358,67 $ CAD
Taux de capitalisation
6,21%
Revenu net d’exploitation
132 276 $ CAD
Pourcentage loué
96%
Location
Multiples
Hauteur du bâtiment
3 étages
Superficie de plancher typique
1 980 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
0,62
Taille du lot
0,22 AC
Zone de développement économique
Oui
Zonage
PO - Bureau professionnel
Stationnement
20 places (3,37 places par 1 000 pi² loué)
Commodités
- Ligne d'autobus
- Affichage
- Sous-sol
- Lumière naturelle
- Affichage sur monument
- Climatisation
- Balcon
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- Aménagement
- Disponible
- 2e Ét.-ste 302
- 240 pi²
- Bureau
- -
- Maintenant
| Espace | Taille | Utilisation de l’espace | Aménagement | Disponible |
| 2e Ét.-ste 302 | 240 pi² | Bureau | - | Maintenant |
2e Ét.-ste 302
| Taille |
| 240 pi² |
| Utilisation de l’espace |
| Bureau |
| Aménagement |
| - |
| Disponible |
| Maintenant |
Moyennement praticable à pied
70/100
Moyennement facile d’accès en voiture
70/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 015-183-06 | Évaluation des bâtiments | 115 161 $ CAD |
| Évaluation du terrain | 105 686 $ CAD | Évaluation totale | 220 847 $ CAD |
Impôts fonciers
Numéro de lot
015-183-06
Évaluation du terrain
105 686 $ CAD
Évaluation des bâtiments
115 161 $ CAD
Évaluation totale
220 847 $ CAD
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Providence Building | 550 E Plumb Ln
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