805 S Wells Ave
Reno, NV 89502

The subject property is ideally situated with excellent visibility and access with frontage along South Wells Avenue (15,500 AADT) adjacent to South Virginia Street/US-395 (19,720 AADT), within Reno’s growing Midtown retail and entertainment hub. The site benefits from robust demographics within the surrounding area with a population of 237,346 and total daytime population if 290,634 within five miles of the site. Average household income within five miles of the site is approximately $60,000. The site benefits from a prominent retail location within Reno’s growing Midtown District adjacent to Downtown Reno. The property neighbors numerous small businesses, restaurants, and offices along South Wells Avenue. In addition, the site is adjacent to Central Avenue, a dense retail and entertainment corridor with numerous restaurants, bars, coffee shops, and retail tenants. The site neighbors a variety of major retail centers, including Shopper’s Square, with tenants including CVS, Smart & Final Extra, and Staples; Firecreek Crossing, anchored by Walmart Supercenter, Sam’s Club, TJ Maxx, and Natural Grocers; Redfield Promenade, with Nordstrom Rack, Cost Plus World Market, and Bed Bath & Beyond; Del Monte Plaza, anchored by Whole Foods; and Smithridge Plaza, anchored by Trader Joe’s, CVS, and Big Lots. Numerous major retail tenants neighbor the site, including Costco, Save Mart, Lowe’s Home Improvement, Hobby Lobby, Best Buy, Petco, Dollar Tree, Sportsman’s Warehouse, Harbor Freight Tools, and more. In addition, the property benefits from close proximity to numerous hotels, resorts, and casinos, which draw a substantial volume of tourists to the Reno region annually. The property is located approximately two miles from the University of Nevada, Reno, with a student body of 21,353. This property is listed in conjunction with Nevada-Licensed Broker Egan Commercial Real Estate.