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Stabilized Cash Flowing Reno Retail 3000-3090 Mill St 39,048 SF 92% 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
- Offering Memorandum
- 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
92%
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 | 3,200 SF | Retail | - | Now |
1st Floor
| Size |
| 3,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 013-322-15 | Improvements Assessment | $272,346 |
| Land Assessment | $560,305 | Total Assessment | $832,651 |
PROPERTY TAXES
Parcel Number
013-322-15
Land Assessment
$560,305
Improvements Assessment
$272,346
Total Assessment
$832,651
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Stabilized Cash Flowing Reno Retail | 3000-3090 Mill St
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