BUILDING FOR SALE - LARGE LOT | 3390 S Virginia St
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BUILDING FOR SALE - LARGE LOT 3390 S Virginia St
24,289 SF Retail Building Reno, NV 89502 $5,000,000 ($206/SF)
Investment Highlights
- Primary Corridor on S. Virginia Street with High Visibilty
- Development Project
- Pylon Signage
- Gross Sales $1,600,000 in 2023!!!
Executive Summary
Located on the South Virginia corridor right between the Peppermill Hotel and Casino and the Atlantis Hotel and Casino. Just a 1/2 mile away from the new RED DEVELOPMENT High Sierra Lanes has been in business over twenty years and shows a very consistent cash flow year over year. This family entertainment center features 24 lanes of bowling, 15 gambling machines, arcade, full-service snack bar, pro shop, and embroidery shop. Gross Sales approx. $1,600,000 in 2023!!!
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
24,289 SF
Building Class
C
Year Built/Renovated
1958/1965
Price
$5,000,000
Price Per SF
$206
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
1.67 AC
Zoning
MUSV
Parking
110 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
200 FT on South Virginia
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- High Sierra Lanes
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| High Sierra Lanes | - | 99,999 SF | - | - |
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 020-201-64 | Improvements Assessment | $284,317 (2024) |
| Land Assessment | $432,833 (2024) | Total Assessment | $717,150 (2024) |
PROPERTY TAXES
Parcel Number
020-201-64
Land Assessment
$432,833 (2024)
Improvements Assessment
$284,317 (2024)
Total Assessment
$717,150 (2024)
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BUILDING FOR SALE - LARGE LOT | 3390 S Virginia St
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