|Price/Rent PSF||$ 3,400,000.00|
|Trade Type||Sale & Lease|
|SQ. FT. Available||19,222|
Located West of downtown Reno, close proximity to Truckee River, downtown Reno, food, and shopping.
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.
Land use 400: General Commercial: Retail, mixed, parking, school
Elevator served building