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Investment Highlights
- Building NRA: ±13,340 SF
- Land: ±2.47 AC
- Construction Class: Masonry
- Building GBA: ±14,600 SF
- Year Built: 1998
- Zoning: General Commercial (GC)
Executive Summary
Peavine Plaza presents a fully occupied, five-tenant net-leased retail investment positioned along North McCarran Boulevard in Reno. Spanning over 13,000 square feet on a 2.46-acre parcel, the property features a 7-Eleven with 12 fueling positions and drive-thru convenience, Carl’s Jr. with a drive-thru, Jimmy’s Express Car Wash and Quick Lube, Instant Smog, and Golden Route Operations, LLC. All tenants are service-oriented, offering insulation from e-commerce disruption and strong consumer demand.
The center sits at a signalized intersection just 927 feet from the Interstate 80 interchange, providing superior regional connectivity to Reno, Sparks, and Sacramento. McCarran Boulevard serves as a high-traffic arterial linking major commercial and residential clusters, ensuring consistent visibility. The single-story complex, constructed in 1998, reflects stable long-term tenancy providing predictable cash flow in a dynamic Northern Nevada market known for growth, tax advantages, and a diversified economy. With direct proximity to major highways, national retail draws, and high-traffic corridors, this investment opportunity blends operational security with geographically robust fundamentals.
The center sits at a signalized intersection just 927 feet from the Interstate 80 interchange, providing superior regional connectivity to Reno, Sparks, and Sacramento. McCarran Boulevard serves as a high-traffic arterial linking major commercial and residential clusters, ensuring consistent visibility. The single-story complex, constructed in 1998, reflects stable long-term tenancy providing predictable cash flow in a dynamic Northern Nevada market known for growth, tax advantages, and a diversified economy. With direct proximity to major highways, national retail draws, and high-traffic corridors, this investment opportunity blends operational security with geographically robust fundamentals.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
13,340 SF
Building Class
B
Year Built
1998
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.46 AC
Zoning
AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005-010-76 | Improvements Assessment | $834,455 |
| Land Assessment | $692,812 | Total Assessment | $1,527,268 |
Property Taxes
Parcel Number
005-010-76
Land Assessment
$692,812
Improvements Assessment
$834,455
Total Assessment
$1,527,268
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