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Bldg B 5270 Longley Ln 13,749 SF 30% Leased Retail Building Reno, NV 89511 $4,500,000 ($327.30/SF)
INVESTMENT HIGHLIGHTS
- Ideal for Owner-Users – Occupy 4,800 sq. ft. while generating passive income.
- Prime Location – High-traffic area with excellent visibility and accessibility
- Strong Investment Potential – Attractive cap rate and market growth opportunities.
- Value-Add Opportunity – Customize the vacant space to maximize returns.
EXECUTIVE SUMMARY
ArchCrest Commercial Partners is excited to present this prime Owner-User Investment Opportunity. This is a great chance to own a high-potential investment property, perfect for owner-users and investors alike! This exceptional asset offers stable cash flow, long-term appreciation and the flexibility to occupy or lease out a 4,800 space, while generating additional revenue. The building is located in Longley Town Center, a high traffic area with excellent visibility and accessibility. It is also within a mile of the Northern NV Medical Center, providing a great opportunity for a tenant to work in conjunction with the hospital. There is also a chance for added value as you can customize the vacant space for yourself or tenant, maximizing your returns. Whether you're looking to establish your business in a strategic location or expand your investment portfolio with a high-yield asset, this property provides a lucrative real estate opportunity with built-in income potential!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,749 SF
Building Class
B
Year Built
2006
Price
$4,500,000
Price Per SF
$327.30
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.30 AC
Zoning
AC
Parking
113 Spaces (8.22 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Elwood Staffing Service
- Administrative and Support Services
- -
- -
- -
- Hinoki Sushi
- Accommodation and Food Services
- -
- -
- -
- J J's Cleaners
- Services
- -
- -
- -
- Shear Bliss Salon & Spa
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Elwood Staffing Service | Administrative and Support Services | - | - | - | ||
| Hinoki Sushi | Accommodation and Food Services | - | - | - | ||
| J J's Cleaners | Services | - | - | - | ||
| Shear Bliss Salon & Spa | Services | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 4,800 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,800 SF | Retail | - | Now |
1st Floor
| Size |
| 4,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $724,529 | |
| Land Assessment | $390,996 | Total Assessment | $1,115,525 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$390,996
Improvements Assessment
$724,529
Total Assessment
$1,115,525
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Bldg B | 5270 Longley Ln
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