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132 E 2nd St

3,312 SF Retail Building Reno, NV 89501 $4,171,046 ($1,259/SF) 7% Cap Rate

Executive Summary

DCG is pleased to present 132 East 2nd Street, a 3,312 SF retail investment property for sale. The Tenant, STNL cannabis dispensary, has a strong operating history in a high-growth area in the center of the premier downtown Reno submarket. The space has on-site security and maintains strict oversight. Adjacent to the new 369-unit BALLPARK multifamily development and Ace’s Ballpark. The location has been open for over seven years.

Attachments

132 E 2nd St (1)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
3,312 SF
Building Class
C
Year Built
2006
Price
$4,171,046
Price Per SF
$1,259
Cap Rate
7%
NOI
$291,973
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.64 AC
Opportunity Zone
Yes
Zoning
MUDR
Frontage
203 FT on N Lake St
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Original Mel's Of Reno
Starbucks
Ruth’s Chris Steak House
Anytime Fitness
Nevada State Bank
U.S. Bank
Chase Bank
The Habit Burger Grill
Bank of America
Roberto's Taco Shop
  • Listing ID: 33356740

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 132 E 2nd St, Reno, NV 89501

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