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100 N Arlington Ave - Arlington Towers 13,073 SF Retail Condo Unit Offered at $2,450,000 in Reno, NV 89501
Investment Highlights
- Prime Riverwalk District location — strong downtown Reno foot traffic, steps from the Truckee River
- 7.06% cap rate in the supply-constrained downtown core
- 100% occupied by established local brands on long-term leases
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.35% |
| Sale Type | Investment |
| Cap Rate | 7.35% |
Description
First-floor, all-retail street-level flagship with individual access.
Sale Notes
A rare, stabilized 100%-occupied retail investment offering dependable cash flow at the heart of Reno's urban revival. Five established retail suites on the ground floor of the iconic 22-story Arlington Towers, steps from the Truckee River Riverwalk District. HOA-managed (insurance, utilities, CAM, security) on modified-gross leases.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1st floor | 13,073 SF | Retail | $2,450,000 ($187.41/SF) | $180,030 |
Unit 1st floor
| Unit Size |
| 13,073 SF |
| Condo Use |
| Retail |
| Price |
| $2,450,000 ($187.41/SF) |
| NOI |
| $180,030 |
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Unit 1st floor
| Unit Size | 13,073 SF |
| Condo Use | Retail |
| Price | $2,450,000 ($187.41/SF) |
| NOI | $180,030 |
| Sale Type | Investment |
| Cap Rate | 7.35% |
| Description | |
| First-floor, all-retail street-level flagship with individual access.</li></ul> | |
| Sale Notes | |
| A rare, stabilized 100%-occupied retail investment offering dependable cash flow at the heart of Reno's urban revival. Five established retail suites on the ground floor of the iconic 22-story Arlington Towers, steps from the Truckee River Riverwalk District. HOA-managed (insurance, utilities, CAM, security) on modified-gross leases.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 255,000 SF | Typical Floor Size | 11,087 SF |
| Property Type | Multifamily (Condo) | Year Built | 1966 |
| Property Subtype | Apartment | Lot Size | 0.26 AC |
| Building Class | B | Parking Ratio | 0.39/1,000 SF |
| Floors | 23 | Opportunity Zone |
Yes
|
| Zoning | MD-RD | ||
| Total Building Size | 255,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 23 |
| Typical Floor Size | 11,087 SF |
| Year Built | 1966 |
| Lot Size | 0.26 AC |
| Parking Ratio | 0.39/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MD-RD |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Fitness Center
- Pool
- Property Manager on Site
- Sauna
- Security System
- Gated
- Storage Space
- Elevator
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
70/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Hookava |
-
|
December 2018
|
| Flawless Skin |
-
|
July 2014
|
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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100 N Arlington Ave - Arlington Towers
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