CBRE is pleased to present for sale a centrally located, approximately 21,165 square-foot, three-story medical office building, featuring recent upgrades and situated across from Renown’s 29-acre regional hospital campus. The property includes a rare additional parcel of land suitable for developing another medical office building. It offers easy access to downtown Reno and Interstate 580, and with recent leasing activity, it is now 92% occupied, providing attractive cash flow with potential for growth. There is one remaining 1,566 square-foot suite available for lease at the building, offering a value-add opportunity. Fully remodeled unit with new flooring, paint, lighting, and bathroom. The suite includes a reception area, a patient waiting area, a private in-unit bathroom, a nurse’s station, three exam rooms equipped with sinks, and two private offices. Building is the recipient of recent upgrades and capital improvements and is elevator-served. Common area bathrooms are located on each floor. Medical Office Buildings (MOBs) are leading the office sector in performance due to strong demand, high occupancy rates, and robust rental levels. CBRE Research anticipates these trends to persist. In Reno, the influx of retirees and families seeking lifestyle changes, along with numerous job openings, is driving significant MOB growth. Rents for MOB properties are the highest among all office sectors. Located in the Downtown Reno submarket, the property is adjacent to Renown’s regional hospital, the region's largest medical facility. The area boasts various medical buildings to the south and west, experiencing strong tenant demand due to its central location, proximity to Renown Health and the Reno VA Hospital, and easy access to amenities. Major employers in the vicinity include Renown Regional Medical Center, the Reno VA Hospital, Reno’s City Hall, and the Reno Police Department. Nearby redevelopment projects are positioning the submarket for future growth, with attractions like AAA Baseball’s Greater Nevada Field, The Freight House Entertainment District, the National Automobile Museum, Pioneer Center for the Performing Arts, Reno Events Center, and The Discovery Museum within a mile.