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850 Mill St
Reno, NV 89502
Office Property For Sale
Investment Highlights
- Excellent location across from Renown’s regional hospital campus, the biggest hospital in the region, with 946 licensed beds.
- Value-add opportunity with ability to continue lease up, increase occupancy, and push rents with renovations.
- Tax free state with attractive business climate. Unprecedented growth with advanced manufacturing, healthcare industries at the forefront.
- Proximity to Renown creates cohesion and synergies for medical office building tenants.
- Featuring additional land and excess parking, a rarity in the submarket.
- Strong in-migration from nearby California.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
21,165 SF
Building Class
B
Year Built/Renovated
1973/2017
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,055 SF
Building FAR
0.59
Lot Size
0.83 AC
Zoning
MU - Mixed Use - Urban
Parking
150 Spaces (7.09 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $503,342 | |
| Land Assessment | $269,121 | Total Assessment | $772,464 |
Property Taxes
Parcel Numbers
Land Assessment
$269,121
Improvements Assessment
$503,342
Total Assessment
$772,464
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