The Ridge Retail FOR SALE


Reno, NV - Convention Center
$16,261,000 USD
775-800-4100
, Reno, NV for Sale
$16,261,000 USD
Retail - FOR SALE
1/5
null | 6.75% Cap Rate


HIGHLIGHTS

  • Stabilized NNN Leased Investment Opportunity
  • Long-term leases in place with an average lease term remaining over 6 years
  • Frontage and signage along S. McCarran Blvd., S. Virginia St. and I-580

OVERVIEW

The Ridge is a +/- 46,834 SF anchored shopping center located at one of the highest-traffic corners in the Reno/Sparks market. Built in 1984 and situated on 5.81 AC of land, the property is comprised of four in-line retail buildings surrounding Goodwill (NAP), Chili's (NAP), and Pep Boys/AutoZone (NAP). The center was recently renovated in 2022 including new exterior paint, parking lot re-seal and stripe, new monument signs and building signage upgrades. Frontage along S. Virginia St., S. McCarran Blvd. and I-580 have provided a highly-saught-after location for retailers with many long-term tenants in place.

ASK ABOUT THIS PROPERTY

Ian CochranLogic Commercial Real EstateMore Info
775-800-4100

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Ian CochranLogic Commercial Real EstateMore Info
775-800-4100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.