El Rancho Retail Center
Reno, NV Sierra Meadows

$4,650,000 USD

General Retail For Sale • 14,514 SF

5 Properties View all

Property Details

Property Type General Retail

46 Transit Score

84 Walk Score

                
                    Highlights
                
                                Generational opportunity to acquire dynamic resort corridor retail assets with incredible re-positioning potential
                            
                                Oversized land parcel allows enhanced development opportunities for QSR-type or other projects while maintaining roughly 600 linear feet of frontage
                            
                                Offering includes two prominent billboards providing additional stable income, one at the site and another at the I-80/Sutro Street 
                            
                                Long-term occupancy has provided stable income amongst each of the five buildings with minimal landlord management effort
                            
                                Irreplaceable location on South Virginia Street lying directly between Reno’s two top resort casinos with a combined 2,400 guest rooms
                            
                                Wendy’s (ground lease) recently received a $60,000 renovation upon signing a new lease, extending the expiration through November 2038