750 Grass Valley Rd
Winnemucca, NV 89445
Shoppes at Winnemucca · Retail Property For Sale

Dustin R. Alvino's team of Marcus & Millichap is pleased to present this exceptional multi-tenant retail investment opportunity located in the city of Winnemucca, Nevada. The Shoppes at Winnemucca is located just off Interstate 80 which runs from the San Francisco Bay to Chicago, IL. The Shoppes at Winnemucca, a 15,430 square-foot, strip center, located in the heart of Winnemucca, Nevada. The property is 100% occupied and anchored by a 9,180 square-foot Family Dollar store (Family Dollar Stores, Inc.), which signed a 10 year lease in 2006 and recently exercised their first renewal option for five (5) additional years. Family Dollar has four (4) additional, five year renewal options at this location. This Family Dollar store is the only dollar store in Winnemucca and Humboldt County. The next closest dollar store is a Family Dollar in Battle Mountain, Nevada and another in Lovelock, Nevada, both 54 miles and 72 miles, respectively, from this location. Additional tenants in the center are Papa Murphy's Pizza, Java Town Coffee, Enchanted Clothing and Verizon Wireless. Papa Murphy’s Pizza has occupied their space since 2012 and recently renewed their lease for five (5) additional years. Java Town Coffee recently renewed their lease for five years and is a popular local coffee shop (with drive-thru) that has occupied this location since the building was completed in 2007. Verizon singed a five-year lease in 2014 and has two (2), three-year renewal options. The Verizon store is owned and operated by Ensignal, one of Verizon’s premier retailers with over 100 locations throughout Arizona, California, Colorado, Nevada, South Dakota, Utah, and Wyoming. The property is located along the primary thoroughfare (Route 294 – Grass Valley Road) connecting Winnemucca, Nevada to Winnemucca Municipal Airport and to Grass Valley, Nevada. The property sits across from Nevada State Bank’s Winnemucca branch and across from the U.S. Post Office’s Winnemucca facility. The city of Winnemucca sits along Interstate 80, approximately 160 miles northwest of Reno, Nevada, and straddles the Humboldt River. The area boasts an average household income of $86,258 per year within a three mile radius of the subject property.