Log In/Sign Up
Your email has been sent.
Stabilized Cash Flowing Reno Retail 3000-3090 Mill St 39,048 SF 93% Leased Retail Building Reno, NV 89502 $9,250,000 ($236.89/SF) 6% Cap Rate
Investment Highlights
- Seller Interest Only Financing Available! (Check Data Room)
- Positioned just off the intersection of Mill St and Terminal Way, providing direct exposure to over 38,000 passing vehicles daily.
- Ten-mile population of 429,000 has increased at double the rate of the national average, leading to over $5.6 billion in consumer spending in 2022
- Recently renovated retail center fully occupied by a diverse tenant mix on NNN leases.
- Highly accessible location just five minutes from I-80, ten minutes from downtown, and three minutes from Reno-Tahoe International Airport.
Data Room Click Here to Access
- Seller Financing Terms (Interest Only)
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
39,048 SF
Building Class
C
Year Built/Renovated
1971/2021
Price
$9,250,000
Price Per SF
$236.89
Cap Rate
6%
NOI
$555,000
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
2.57 AC
Zoning
ME - Mixed Employment
Parking
134 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 645-2,550 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 645-2,550 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 645-2,550 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 013-322-15 | Improvements Assessment | $275,975 |
| Land Assessment | $581,855 | Total Assessment | $857,830 |
Property Taxes
Parcel Number
013-322-15
Land Assessment
$581,855
Improvements Assessment
$275,975
Total Assessment
$857,830
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Stabilized Cash Flowing Reno Retail | 3000-3090 Mill St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.