|Price/Rent PSF||$ 7,200,000.00|
|SQ. FT. Available||35,742|
Located West of downtown Reno, close proximity to Truckee River, downtown Reno, food, and shopping
Two multi-tenant office buildings For Sale in Downtown Reno. 100 & 140 Washington are newly renovated two story buildings providing approximately 35,742 SF 98% leased to quality tenants. The Properties were constructed in 1965 and 1969 and completely renovated in 2015 and 2017 included 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 rest rooms on each floor and updated outdoor stairs.
The recent upgrades ensure little near-term capital 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.