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GREG RUZZINE, [email protected]# BS.145435
AMANDA [email protected]# S.180915
presented by:
IAN COCHRAN, [email protected]# B.145434.LLC
F O R L E A S ER E TA I L
SIERRA MEADOWS PLAZA
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereofLOGIC COMMERCIAL REAL ESTATE RENO • 295 HOLCOMB AVE., SUITE 200 • RENO, NV 89502 • P: 775.800.4100 • WWW.LOGICCRE.COM
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
7111 S. Virginia St.Reno, NV 89511
PROPERTY HIGHLIGHTS � Retail, office, and medical space available
� Frontage along S. Virginia St. with traffic counts of 17,800 CPD
� Ample parking with 237 individual spaces
� Under new ownership with multiple renovations underway
� Visibility from Hwy. 395/I-580 with traffic counts of 111,000 CPD
� Neighboring the recently-completed Lexus dealership
� Average household income of $80,006 within a 3-mile radius
� Notable tenants include Chihuahuas, Bistro 7, Corbin Chiropractic, Z Body Fitness, LabCorp, and Reno Family Physicians
PROPERTY DETAILS
LEASING DETAILS
For Lease:
$1.15 - $1.35 PSF NNN
Additional Space:
+/- 750 - 7,370 SF
Lease Expense:
$0.36 PSF
Updated: 03.16.20
POPULATION 1-mile 3-mile 5-mile
2019 Population 6,085 70,465 149,038
HOUSEHOLDS 1-mile 3-mile 5-mile
2019 Households 2,704 28,793 62,331
INCOME 1-mile 3-mile 5-mile
2019 Average HH Income $77,591 $80,006 $93,536
DEMOGRAPHICS
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereofLOGIC COMMERCIAL REAL ESTATE RENO • 295 HOLCOMB AVE., SUITE 200 • RENO, NV 89502 • P: 775.800.4100 • WWW.LOGICCRE.COM
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
7111 S. Virginia St.Reno, NV 89511
AVERAGE HOUSEHOLD INCOME$145,686
S. VIRGIN
IA ST. // 17,800 CPDA
IRWAY D
R.
S. McCARRAN BLVD.
LON
GLE
Y LN
.
DOUBLE R. BLVD.
KIETZKE LN.
NEIL RD.
S. MEADOWS PKWY.
THE VILLAGE AT RANCHARRAH
MEADOWOODMALL
I-580 // 111,000 CPD
SUBJECT
AERIAL MAP
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereofLOGIC COMMERCIAL REAL ESTATE RENO • 295 HOLCOMB AVE., SUITE 200 • RENO, NV 89502 • P: 775.800.4100 • WWW.LOGICCRE.COM
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
7111 S. Virginia St.Reno, NV 89511
SUBJECT
I-580
// 111
,000 C
PD S.VIRGINIA ST. // 17,800 CPD
MEADOWOOD MALL
AERIAL MAP
LOGIC COMMERCIAL REAL ESTATE RENO • 295 HOLCOMB AVE., SUITE 200 • RENO, NV 89502 • P: 775.800.4100 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
GREEN ACRES DR.
S. VIRGIN
IA ST.
A6A14 A16 A20
BUILDING D
A12
A5
A1 - A4
A18A17
MEDICAL OFFICE
A15
SIERRA MEADOWS PLAZA
SUITE TENANT SFA1 - A4 VACANT 7,370*
A5 The Urban Deli 1,195
A6 VACANT 4,003
A7 - A11 Reno Family Physicians 8,209
A12 Thrive Integrative Health 1,568
A13 Z Body Fitness 2,632
A14 Corbin Chiropractic 1,250
A15 VACANT 1,250
A16 Bubble Beauty 1,000
A17 VACANT 750
A18 Acceleration Training 750
A19 Lab Corp. 1,500
A20 Northern Nevada Hearing 750
B-1 Bistro 7 5,468
C-1 Chihuaua’s Grill 5,628
D-1 VACANT 7,125
*Can be demised as low as 1,200 SF
SITE PLAN
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereofLOGIC COMMERCIAL REAL ESTATE RENO • 295 HOLCOMB AVE., SUITE 200 • RENO, NV 89502 • P: 775.800.4100 • WWW.LOGICCRE.COM
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
7111 S. Virginia St.Reno, NV 89511 PROPERTY PHOTOS
LOGIC COMMERCIAL REAL ESTATE RENO • 295 HOLCOMB AVE., SUITE 200 • RENO, NV 89502 • P: 775.800.4100 • WWW.LOGICCRE.COMThe information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof
PROPERTY MANAGEMENTLOGIC Property Management team members are tenured professionals with a comprehensive knowledge and understanding of commercial real estate management. We methodically approach each assignment with customized management strategies that meet the client’s needs, maintain the property’s physical plant, and effectively service tenants.
We know our priority is to cooperate with our tenants by working intelligently to reduce expenses and to serve our owner-clients by identifying creative ways to drive income. We provide for accountability in every step we take, from management to accounting. Logic Property Management will pinpoint a client’s goals and objectives, meet challenges, and achieve expected results from your investment.
Contact:JAMIE K. [email protected]# BS.144274NV# PM.165994
ADDITIONAL SERVICES
CAPITAL MARKETSLOGIC Capital Markets is a preferred funding source for investors, developers and operators of commercial real estate. Our loan brokerage service and origination platform provide our clients access to the market’s wide range of competitive products for all property types. Through our relationships which include banks, conduits, life companies, mortgage funds, and hard money lenders, we are able to offer debt and equity financing for the purpose of acquisition, development, refinance, buyouts, and more.
We provide a host of services to our clients that include Property Management and Capital Markets.
