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1401 E Peckham Ln
Reno, NV 89502 Convention Center

$2,400,000 USD

Convenience Store For Sale  •  2,760 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,760 SF
  • Lot Size 0.41 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning NC
38 Transit Score
67 Walk Score

Highlights

High Performing Store: Reports Store Sales — low rent-to-sales ratio. Contact broker for more details.
Creditworthy Tenancy: Leased to 7-Eleven, an investment-grade tenant (S&P: A-)
Strong Demographics: Over ±211,680 residents within a five-mile radius and more than ±400,363 within ten miles.
Affluent Area: Average household income over ±$100,000 in a 5-mile radius
Excellent Highway Access: Located less than one mile from Interstate 580, which accommodates over ±134,000 vehicles per day.

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven

Amenities

  • Corner Lot
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Reno/Tahoe International 23 min - 5.5 mi
David Harrington 310-295-1170 Matthews Real Estate Investment Services
David Harrington 310-295-1170 Matthews Real Estate Investment Services