9343 Double R blvd - Freestanding FOR SALE


Reno, NV 89521- South Meadows
$3,684,000 USD
562-230-5606
9343 Double R blvd, Reno, NV for Sale
$3,684,000 USD
Freestanding - FOR SALE
1/2
null | 4.75% Cap Rate

9343 Double R blvd
Reno, NV 89521
South Meadows


HIGHLIGHTS

  • 15-year corporate net lease with 10% rental increases every 5 years
  • Brand-new 2025 build-to-suit construction with drive-thru
  • Located at signalized hard corner intersection
  • Corporate lease backed by investment grade tenant
  • Tax-free state
  • Dense industrial/retail corridor, ~10,000 daytime employees work within a 1-mile radius of the subject property

OVERVIEW

A 15-year corporate Starbucks lease featuring 10% rental increases every 5 years and three, 5-year extension options. The subject property is located in a dense industrial/residential corridor with ~10,000 daytime employees and another 9,000+ residents within a 1-mile radius providing a substantial customer base for this location.

FOR SALE DETAILS

PRICE

$3,684,000 USD

PRICE/SF

$1,495 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan SchultenCP Partners CREMore Info
562-230-5606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ryan SchultenCP Partners CREMore Info
562-230-5606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.