Strategically Located on Primary Retail Corridor - Del Monte Plaza is located on South Virginia Street, the retail backbone of the entire Northern Nevada Region and the first look for any retail operator entering the market. Tenant Mix Fits Well With Customer Base - Macy’s and Harbor Freight cater to new multifamily developments and an affluent surrounding community with a $99,879 average household income projected to grow by 11.9% in five years. Favorable Mixed-Use Zoning Zoned for multi-family redevelopment with city support for higher-density residential and mixed-use projects. Rapid Growth Across the Region - Reno’s current rank as the 8th fastest-growing city supports 8.1% projected population growth in the local trade area over the next five years. Vacant Pad Upside - Future opportunity to develop and parcelize a pad site, which could generate $175,000 in additional NOI and a potential break up strategy that could generate $3.5M when sold. National Credit Tenants - The subject property is anchored by national retailers Harbor Freight and Macy’s, with Whole Foods serving as a prominent shadow anchor, attracting significant foot traffic and enhancing appeal. Long-Term Stability - Macy’s 30-year presence and strong sales alongside Harbor Freight’s long-term lease ensures stable cash flow. Prominent Location & Convenient Access - Del Monte Plaza Sits on South Virginia Street (26,160 VPD), the main retail corridor and backbone of the Northern Nevada Region. The center’s is also exposed to 110,000 VPD from signage visible from Interstate 580. This is a trophy location for tenants and Landlords alike. Tight Retail Market - Lack of available space creates consistent and robust demand and future upside with current annual rents at $11.93 PSF, which is 34% below the market asking rate