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1401 Midtown 1401 S Virginia St 3,385 - 16,382 SF of Space Available in Reno, NV 89502
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 5,216 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 150/200 | 7,781 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor, Ste 225 | 3,385 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $60,930 /YR $5,078 /MO | Triple Net (NNN) |
1st Floor, Ste 100
Street-frontage retail space along S. Virginia St. Open floor plan with one private office, two private restrooms, storage areas, and kitchenette. Can be combined with neighboring spaces up to +/- 16,382 SF.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 16,382 SF of adjacent space
1st Floor, Ste 150/200
Two-story mixed-use space with open showroom area with private vault in place. 2nd floor includes private covered deck area. Can be combined with neighboring vacancies up to +/- 16,382 SF
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 16,382 SF of adjacent space
2nd Floor, Ste 225
2nd floor class-A office space with two private restrooms and kitchenette. Private mezzanine office space included. Can be combined with neighboring spaces up to +/- 16,382 SF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 9 - 28 People
- 2 Private Offices
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 16,382 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 16,382 SF | Gross Leasable Area | 21,529 SF |
| Property Type | Retail | Year Built/Renovated | 1954/2016 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.44/1,000 SF |
| Total Space Available | 16,382 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,529 SF |
| Year Built/Renovated | 1954/2016 |
| Parking Ratio | 1.44/1,000 SF |
FEATURES AND AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
CONTACTS
-
Michael Keating, SIOR -
Ian Cochran -
Greg Ruzzine -
Grace Keating -
Logic Commercial Real Estate
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1401 Midtown | 1401 S Virginia St
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