Apartments Condo For Sale • 13,073 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1st floor | Retail | 13,073 SF | $2,450,000 USD | |
DescriptionFirst-floor, all-retail street-level flagship with individual access. Sale NotesA rare, stabilized 100%-occupied retail investment offering dependable cash flow at the heart of Reno's urban revival. Five established retail suites on the ground floor of the iconic 22-story Arlington Towers, steps from the Truckee River Riverwalk District. HOA-managed (insurance, utilities, CAM, security) on modified-gross leases. |
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| Prime Riverwalk District location — strong downtown Reno foot traffic, steps from the Truckee River |
| 100% occupied by established local brands on long-term leases |
| 7.06% cap rate in the supply-constrained downtown core |
| Cap Rate: | 7.35 % |
| Total Expenses: | $100,455 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| A Night Out | ||
| Artington Towers Co | ||
| Car Loans Inc | ||
| CET | ||
| Flawless Skin | 7/31/2014 | |
| Hookava | 12/27/2018 | |
| Ignited Results | ||
| Robert Gales Trust | ||
| Sierra Property Solutions | ||
| The Arlington Saloon |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 2 min | 9 min | 0.5 mi | |
| Airport | Drive | Walk | Distance |
| Reno/Tahoe International | 26 min | - | 6.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 100 |
| Type: | Covered |
| Included in Rent: | No |