Tahoe City Retail for Sale - Outer Placer County

Faris Lee Investments is pleased to present the opportunity to acquire a rare fee simple interest in a nationally recognized, investment-grade retail asset anchored by 7-Eleven, one of the world’s largest convenience store operators and a wholly owned subsidiary of Seven & i Holdings (Tokyo Stock Exchange: 3382; S&P: A-). Strategically positioned within the highly supply-constrained Lake Tahoe trade area, the property benefits from exceptional real estate fundamentals driven by strict development restrictions, affluent surrounding demographics, and year-round tourism. 7-Eleven has successfully operated at this proven location since 1969 (57 years), demonstrating more than five decades of continuous occupancy while serving both the affluent local community and over 15 million visitors per year drawn to Lake Tahoe’s premier recreational destinations. The property enjoys excellent visibility along North Lake Boulevard, the region’s primary commercial corridor, and is surrounded by established residential neighborhoods, schools, parks, and recreational amenities that generate consistent customer traffic throughout the year. The investment is secured by a corporate-executed lease featuring approximately four years of remaining primary term and two additional five-year renewal options at fair market value, providing investors with the opportunity for long-term income stability. The lease is structured as an absolute triple-net (NNN) lease, with 7-Eleven responsible for their pro rata share of operating expenses, repairs, maintenance, roof, parking lot, landscaping, taxes, insurance, and utilities, creating a truly passive ownership opportunity with virtually no landlord responsibilities. As one of the largest convenience store operators in the world, with more than 85,000 locations across 19 countries and approximately $114 billion in annual revenue, 7-Eleven provides exceptional corporate credit strength and dependable cash-flow backed by an internationally recognized retailer. The offering includes fee simple ownership of both the land and improvements within one of Northern California’s most protected and difficult-to-replicate retail markets. Development restrictions throughout the Lake Tahoe Basin significantly limit future commercial construction, creating substantial barriers to entry and enhancing the long-term intrinsic value of existing retail assets. Having traded only twice over the past 50 years, the property represents an exceptionally rare investment opportunity within a market where available inventory is extremely limited. Supported by an affluent trade area with average household incomes exceeding $179,000 within a three-mile radius, average home values exceeding $2.5 million within one mile, and consistent year-round tourism generated by world-class skiing, recreation, and lakefront attractions, this offering provides investors with a secure, passive investment backed by both exceptional corporate credit and irreplaceable real estate fundamentals.

Property Subtype:

Freestanding

Date on Market:

2026-07-13

Carson City Retail for Sale - Carson City County

Excellent investment opportunity in the heart of Carson City’s established retail corridor. Located at 1820 E. William Street, this approximately 4,038 SF multi-tenant retail property offers stable income with a strong 5.38% cap rate and long-standing tenant history. The property is anchored by Little Caesars, featuring a highly desirable drive-thru component, along with La Michoacana Paleteria, a popular specialty dessert and ice cream tenant serving the growing local community. Positioned along heavily traveled E. William Street with excellent visibility, access, and surrounding commercial synergy, the property benefits from consistent consumer traffic and a central Carson City location. This well-located asset presents an attractive opportunity for investors seeking reliable cash flow, established tenancy, and long-term upside in Northern Nevada’s capital market.

Property Subtype:

Freestanding

Date on Market:

2026-06-03

Sparks Retail for Sale

Free-standing retail investment occupied by Grocery Outlet. Lease term is 10 years, with (2) 5-year options. Rent is slightly below market rent. NNN lease. Situated on a strong retail corridor.

Property Subtype:

Supermarket

Date on Market:

2026-06-02

Truckee Retail for Sale

Exceptional investment opportunity at Truckee’s prominent Pioneer Commerce Center. The Rock Garden anchor tenant, operated by national parent company Outdoor Living Supply, provides substantial income generation through 2032 with two 5-year options to extend. As the local source of natural stone, hardscaping materials, outdoor supplies and bulk materials, The Rock Garden continues to be the preferred choice of architects, contractors, and homeowners in Tahoe-Truckee since 1998. The high visibility 14,618 SF building includes a 12,134 SF 1st floor retail area, storage area with office and mezzanine, two metal roll-up doors, and second level office space. Potential owner use for the 2,484 SF (now currently month-to-month) upper office space with conference room, separate kitchen area and restrooms. This level 3.69-acre property offers an enclosed materials storage area, asphalt paving, a fenced yard, mature landscaping and abundant on-site parking. The Rock Garden is in the heart of Truckee’s most prominent commercial industrial area, adjacent to Interstate 80 and only 5 minutes from Truckee Tahoe Airport. The property is served by public utilities and zoned for Service-Commercial use by the Town of Truckee. Note - NOI includes 1st floor absolute NNN anchor tenant (12,134 SF), plus month-to-month tenant on 2nd floor (2484 SF), assuming upstairs tenant pays CAM fees (NNN).

Property Subtype:

Freestanding

Date on Market:

2026-05-26

Reno Retail for Sale - Meadowood

Dolce Vita is a full-service Wellness and Medical spa located in the Village at Rancharrah upscale neighborhood retail center. Located in central Reno, this development offers a variety of retail shopping, dining, and specialty service tenants. The area features a heavy daytime population with over 440 businesses within a 0.5-mile radius with easy access from I-580, Kietzke Ln, and S. Virginia St.

Date on Market:

2026-05-14

Reno Office for Sale - Downtown

300 S. Wells Ave. consists of two buildings totaling +/- 40,862 SF on +/- 2.30 AC of land. The property was originally built in 1972 and renovated in 2019 featuring renovated common area restrooms, HVAC and electrical improvements, and a common area courtyard for tenants and their guests. The building is zoned mixed-use (MU) and accommodates a diverse mix of office, retail, and medical office suites, with current tenants including Atelier Beauty Bar, The Mill Barre + Pilates, CNET Media, Tumbles, and Dorinda's Chocolates.

Property Subtype:

Loft/Creative Space

Date on Market:

2026-05-14

Reno Retail for Sale - Downtown

Exclusive offering of 960 S Virginia St, a fully renovated (2026) 18,920 SF multi-tenant retail & office asset in the heart of Reno's Midtown (AJBQ) District. Originally built in 1927 as the Shoshone Coca-Cola Bottling Company, this historic brick landmark underwent a complete renovation in 2026, adaptively transforming it into a curated lifestyle destination featuring dining, coffee, bar, wellness, barber, office, and high-quality liquor retail. 100% occupied with diversified NNN-structured tenancy generating $539,750 NOI at a 6.35% cap rate. Stabilized, cash-flowing asset with prime S Virginia St frontage, dedicated on-site surface parking, and MU-MC (Mixed Use – Midtown Corridor) zoning supporting a broad range of future uses. Limited supply, high barriers to entry, and strong demographic tailwinds (3-mile median HH income $59,727; 5-mile population 193,252) underpin long-term rent growth and value creation. A rare opportunity to acquire an irreplaceable Midtown landmark with proven in-place income and meaningful upside. TENANT PROFILES: Bora (Restaurant, 3,350 SF) — Full-service dining concept anchoring evening traffic and serving as a primary destination driver. Drink Coffee Do Stuff (Coffee, 3,265 SF) — Popular specialty coffee roaster driving consistent daily foot traffic and activating the morning trade area. Selden (Bar/Lounge, 2,455 SF) — Sophisticated bar concept that complements the restaurant mix, extending dwell times and evening vibrancy. Haumbody Sanctuary (Wellness, 3,000 SF) — Established yoga and fitness studio creating loyal, recurring visitation patterns throughout the week. Members Only (Service/Barber, 1,800 SF) — Premium barber and grooming service providing steady daytime utilization and cross-shopping potential. Marmot Properties (Office, 1,810 SF) — Real estate development and management firm (Owner-User), utilizing office space on-site. Proof Wholesale (Retail, 3,240 SF) — High-quality liquor store serving Midtown's affluent residential and hospitality clientele. Well-positioned to capture evening and weekend traffic from surrounding dining and entertainment venues.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-04-23

Reno Retail for Sale - Meadowood

Property Subtype:

Restaurant

Date on Market:

2026-02-13