This information supplied herein is from sources we deem
reliable. It is provided without any representation, warranty, or
guarantee, expressed or implied as to its accuracy. Prospective
Buyer or Tenant should conduct an independent investigation and
verification of all matters deemed to be material, including, but
not limited to, statements of income and expenses. Consult your
attorney, accountant, or other professional advisor.
±10,880 SF Class A industrial/retail space
ADJACENT to anchored shopping center
FREEWAY PROXIMITY (I-580/Hwy 395) with198,000 daily traffic
count
QUALITY LOCATION excellent first impression property
TOP QUALITY SHOWROOM with Class A finishes (±2,880 SF)
MONUMENT signage available for tenants
PRIVATE offices, break room, conference room, and restroom
TWO 12’ x 14’ grade-level doors
ESTIMATED NNN’S $0.18/SF
Foothill Commerce Center9748 S VIRGINIA ST, SUITE A/B, RENO, NV
89511
FOR LEASE
Class A Industrial / Retail Space
KIDDER.COMLEASE RATE $0.90/ SF NNN
BRAD LANCASTER
First Vice PresidentIndustrial
[email protected] N°
B.0144389.CORP
http://www.kidder.com/http://www.kidder.com/http://www.kidder.com/
KIDDER.COM
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Reno-TahoeInternational Airport
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SUBJECT PROPERTY
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SPECIFICATIONS
±10,880 SF industrial /retail flex space
±2,880 SF Class A showroom
±7,603 SF office area (includes ±1,843 SF 2nd story free office
space)
±5,120 SF warehouse
POWER 200-400 amps, 480 volt, 3-phase power (tenant to verify),
upgraded showroom / office lighting
UPGRADED showroom / office lighting
SPRINKLERS fully sprinklered space
TWO 12’ x 14’ grade-level doors
20’ clear height
CONSTRUCTED in 2003
LOCATION ADVANTAGES
PROXIMITY to US-395/ I-580 on/off ramps
ACCESS to large labor pool and services for employees
PROXIMITY to Reno-Tahoe International Airport
PROXIMITY to Tesla, Switch, Apple, Google, and many other
high-profile corporate citizens
WITHIN desirable south Reno retail/industrial submarket
S VIRGINIA ST visibility with 11,501 daily traffic count*
S. MEADO
WS M
ARKE
TPLA
CE
This information supplied herein is from sources we deem
reliable. It is provided without any representation, warranty, or
guarantee, expressed or implied as to its accuracy. Prospective
Buyer or Tenant should conduct an independent investigation and
verification of all matters deemed to be material, including, but
not limited to, statements of income and expenses. Consult your
attorney, accountant, or other professional advisor.
KIDDER.COM
FOR LEASE CLASS A INDUSTRIAL/ RETAIL SPACE | RENO, NV
BRAD LANCASTER
First Vice President Industrial Services
[email protected] N° B.0144389.CORP
TRANSPORTATION
Ground Miles
Reno-Tahoe Int’l Airport 5.2
Reno-Stead FBO 17.6
UPS Regional 9.4
FedEx Express 6.0
FedEx Ground 4.7
FedEx LTL 7.3
DEMOGRAPHICS
2019 3 Mile 5 Miles 10 Miles
Population 51,676 115,828 328,117
Households 22,267 49,332 140,706
Average HH Income $102,040 $98,144 $85,108
Total Employees 45,313 84,736 212,399
OR
WA
CA
NV UT
WY
MT
CO
NMAZ
ID
HELENA890 miles
SEATTLE751 miles
PORTLAND579 miles
SACRAMENTO129 miles
LAS VEGAS446 miles
LOS ANGELES518 miles
PHOENIX769 miles
SANTA FE1,081 miles
DENVER1,046 miles
CHEYENE949 miles
RENO
SALT LAKE CITY514 miles
(1 DA
Y TR
UC
K SE
RV
ICE
)
(2 DAY TRUCK SERVIC
E)
SITE DESCRIPTION
No state, corporate or personal income tax
No estate tax, no inventory tax, no unitary tax, no franchise
tax
Right-to-work state
Moderate real estate costs
Low workers’ compensation rates
HELPFUL LINKS
Business Costs
http://www.diversifynevada.com/selecting-nevada/nevada-advantage/cost-of-doing-business
Business Incentives
http://edawn.org/why-nevada/business-advantage/
Cost of Living
http://opportunitynevada.files.wordpress.com/2017/11/costofliving.pdf
Quality of Life http://edawn.org/live-play/
BUSINESS COST COMPARISONS
NV CA AZ UT ID OR WA
TAX COMPARISONS
State Corporate Income Tax No 8.84% 4.9% 5% 7.4% 6.6%-7.6%
No
Personal Income Tax No 1%-13.1% 2.59%-4.54% 5% 1.6%-7.4% 5%-9.9%
No
Payroll Tax 1.475% 0.83% SF Only) No No No 0.09% No
Monthly Property Tax $22,969 $22,917 $71,667 $29,917 $33,333
$32,688 $20,833
Unemployment Insurance Tax 0.25%-5.4% 1.5%-6.2% 0.03%-8.91%
0.2%-7.2% 0.43%-5.4% 1.11%-5.4% 0.1%-5.7%
Capital Gains Tax No Up to 13.3% 2.59%- 4.54% 5% Up to 7.4% 5%
-9.9% No
WORKERS’ COMP RATES
Class 2915 - Veneer Products Mfg. $2.45 $11.33 $2.65 $1.48 $3.32
$3.09 $1.70
Class 3632 - Machine Shop NOC $2.88 $4.92 $2.20 $1.64 $4.51
$2.01 $1.23
Class 8810 - Clerical Office Employee NOC $0.21 $0.39 $0.20
$0.09 $0.28 $0.10 $0.14
Source:
https://www.nvenergy.com/about-nvenergy/economic-development/taxes-incentives
Last updated: 01/2019
http://www.kidder.com/
