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Note
140 Washington St, Reno, NV 89503, USA
Listing was updated at: 11/05/2018
Property Overview
Price/Rent PSF $ 3,400,000.00
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 19,222
Date Available 11/05/2018
Additional URL Link
Parking 45
Floors 3
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Description

Location
Located West of downtown Reno, close proximity to Truckee River, downtown Reno, food, and shopping.

Sale
Multi-tenant office building for sale in downtown Reno. 140 Washington is a newly renovated two story building providing approximately 19,222 SF, 98% lease to quality tenants. The property was constructed in 1969 and completely renovated in 2015 and 2017, including all new interiors with high-end finishes and new building systems. Tenant spaces include glass-walled meeting rooms and offices, kitchens with stainless steel appliances, updated restrooms on each floor and updated outdoor stairs.

The recent upgrades ensure little near-term capital contributions will be needed and greatly minimize future re-leasing costs. The building is 98% leased to a mixture of long term and short term tenants, providing a mix of stable secure cash flow and market future upside as leases rollover.

Lease
Recently renovated
Land use 400: General Commercial: Retail, mixed, parking, school
Elevator served building

Location

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