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Shoppes at the Summit 13907 S Virginia St 5,250 SF 100% Leased Retail Building Reno, NV 89511 $5,598,000 ($1,066.29/SF) 5.75% Cap Rate
Investment Highlights
- Legacy Real Estate in Reno’s #1 Shopping Center
- Dual-Tenancy with Strong Daily Demand
- Affluent Demographics & Regional Growth
- Final Developable Pad in Institutional Center
- Located at Major Regional Intersection
- Institutional Asset in High-Spend Retail Location
Executive Summary
This new construction restaurant pad is one of the only separately owned assets within Shayden Summit, a 600K+ SF lifestyle center featuring over 90 national and regional tenants. Positioned along South Virginia Street with direct access to I-580 and Mt. Rose Highway, the property benefits from unmatched visibility, affluent demographics, and a built-in customer base drawn from across the Reno–Tahoe region. Surrounded by top-tier brands like Apple, Trader Joe’s, Lululemon, and Sephora, this dual-tenant asset—featuring Mountain Mike’s Pizza and The Breakfast Club—captures demand across all dayparts in a center driving 20.9M+ annual visits, solidifying its position as true legacy real estate in one of Northern Nevada’s most dominant retail environments.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,250 SF
Year Built
2026
Price
$5,598,000
Price Per SF
$1,066.29
Cap Rate
5.75%
NOI
$321,885
Percent Leased
100%
Building Height
1 Story
Building FAR
0.37
Lot Size
0.33 AC
Nearby Major Retailers
1 of 7
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Shoppes at the Summit | 13907 S Virginia St
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