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BUILDING FOR SALE - LARGE LOT 3390 S Virginia St 24,289 SF Retail Building Reno, NV 89502 $5,000,000 ($205.85/SF)
Investment Highlights
- Primary Corridor on S. Virginia Street with High Visibilty
- Development Project
- Pylon Signage
- Gross Sales $1,600,000 in 2023!!!
Executive Summary
Located on the South Virginia corridor right between the Peppermill Hotel and Casino and the Atlantis Hotel and Casino. Just a 1/2 mile away from the new RED DEVELOPMENT High Sierra Lanes has been in business over twenty years and shows a very consistent cash flow year over year. This family entertainment center features 24 lanes of bowling, 15 gambling machines, arcade, full-service snack bar, pro shop, and embroidery shop. Gross Sales approx. $1,600,000 in 2023!!!
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
24,289 SF
Building Class
C
Year Built/Renovated
1958/1965
Price
$5,000,000
Price Per SF
$205.85
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
1.67 AC
Zoning
MUSV
Parking
110 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- High Sierra Lanes
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| High Sierra Lanes | - | 99,999 SF | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 020-201-64 | Improvements Assessment | $278,783 (2026) |
| Land Assessment | $473,269 (2026) | Total Assessment | $752,052 (2026) |
Property Taxes
Parcel Number
020-201-64
Land Assessment
$473,269 (2026)
Improvements Assessment
$278,783 (2026)
Total Assessment
$752,052 (2026)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
BUILDING FOR SALE - LARGE LOT | 3390 S Virginia St