How many Office Space listings are available for sale in Reno?
Currently, there are 36 Office Space listings for sale near Reno, NV. LoopNet regularly showcases the most current office listings, with new properties added frequently.
What is the cost for Office Space for sale in Reno?
The average price per square foot for is about $404 for Reno Office Space. Requirements such as number of employees, parking and amenity options, market demand, age and condition of building, etc. help determine the price for Office Space in the Reno area.
How big is the Office Space available for sale in Reno?
The average size of Office Space available for sale in Reno, NV is approximately 14,861 SF. The largest office available is 97,000 SF and the smallest is 836 SF.
Factors such as number of employees, ratio of offices to open space, storage needs, potential anticipated growth, etc. will determine the size of office space that's best for you.
What is the average cap rate for Office Properties in Reno?
Currently, the average cap rate for office properties in Reno, NV is typically 5.68%, with variations depending on specific submarkets, class of the property and current market conditions. Read through our article for
more information about cap rates and what influences them.
What are the classifications of Office Buildings for sale in Reno?
- Class A office buildings are newer, high-quality constructions located in prime areas, offering top-tier amenities and professional management.
- Class B buildings are older but well-maintained, situated in accessible locations with standard amenities and the potential for upgrades.
- Class C office spaces are typically older structures in less desirable areas, offering fewer amenities and lower rental rates.
When looking for the right office property near Reno, NV consider these types to decide on the right investment opportunity.