- For Sale $37,000,000
- Property Type Retail
- Date Updated Jan 18, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- PROMINENT LOCATION & CONVENIENT ACCESS The Commons is conveniently situated on the main retail corridor, South Virginia Street (23,900 VPD), and at the on/off ramp of the Interstate 580, which is the main North-South freeway that runs through Reno. This center benefits from being adjacent to the I-580 with freeway-visible signage for PetSmart, Total Wine, 5.11, Guitar Center and DSW.
- SYNERGISTC TENANT LINE-UP 99.2% Leased to a desirable mix of nationally and regionally recognized tenants including Total Wine, DSW, PetSmart, 5.11 Tactical, Starbucks, Massage Envy, Great Clips, Good Feet, AAA, and Mattress Firm.
- PROXIMITY TO MAJOR TRAFFIC DRIVERS The Commons neighbors other national, credit tenants including Whole Foods, Walmart, Kohls, Target, Home Depot, and WinCo. Some of the heavy hitting tourist destinations include: Less than a mile to the Regional Meadowood Mall Two miles from the Atlantis & Peppermill casinos Four miles from Reno International Airport 40 minutes from Lake Tahoe
- STABLE CASHFLOW Strong security of income with 79% of the GLA occupied by national, credit tenants. Reno retail leasing market is very strong with an average vacancy rate of 3.5%.
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Contacts
Location
Getting Around
-
Walk Score ®
73/100
Very Walkable
-
Transit Score ®
48/100
Some Transit
-
Bike Score ®
74/100
Very Bikeable
- City Reno, NV
- Neighborhood Crystal Lake
- Zip Code 89511
- Market Reno
Points of Interest
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Reno
4.48 miles
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Idlewild Park Train Ride
4.59 miles
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Sky Tower, South Tram
4.73 miles
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Casino Tower, South Tram
4.76 miles
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Sky Tower, North Tram
4.76 miles
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Casino Tower, North Tram
4.77 miles
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Arco
0.17 miles
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Tesla Supercharger
0.23 miles
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ChargePoint
0.52 miles
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7-Eleven
0.73 miles
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Rainbow
0.79 miles
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Chevron
0.80 miles
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Northern Nevada Medical Complex
0.91 miles
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Sinclair
1.14 miles
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Sam's Club
1.15 miles
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Golden Gate Petroleum
1.39 miles
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Cell Phone Waiting Lot Reno Airport
2.13 miles
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Reno Airport Long-Term Parking
2.47 miles
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Reno Airport Parking
2.70 miles
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Teachers Lot
2.71 miles
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South Parking Structure
3.42 miles
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Valet Parking
3.72 miles
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Marriott Renaissance Valet Parking
4.14 miles
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Cal Neva Parking Stadium
4.34 miles
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Parking Gallery
4.35 miles
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Whitney Peak Parking Garage
4.49 miles
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Subway
0.02 miles
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The Blind Onion
0.03 miles
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Taco Bell
0.03 miles
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Thai Lotus
0.07 miles
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Raising Cane's
0.08 miles
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Sonic
0.11 miles
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Tacos El Rey
0.11 miles
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Wrap It Up
0.11 miles
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Qdoba
0.18 miles
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The Cup Cafe
0.20 miles
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Whole Foods Market
0.17 miles
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Target
0.36 miles
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JCPenney
0.38 miles
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Meadowood Mall
0.47 miles
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Macy's Men's Home
0.48 miles
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Macy's
0.57 miles
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Big Lots
0.70 miles
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Trader Joe's
0.79 miles
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Save Mart
0.93 miles
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Ross
1.03 miles
Frequently Asked Questions
The space currently listed for sale at The Commons asks for $37,000,000.
The Commons totals 152,000 square feet.
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