The subject property is located at a competitively strategic location on the full-movement, signalized U.S. Highway 395/Lemmon Drive intersection.
Elevated ground gives way to perfect visibility of U.S. 395 and Lemmon Drive frontage. North Valleys is experiencing an extreme residential growth boom with 5,387 units being built and another 20,536 set for development; Stonegate luxury master planned community is of the developments at 4,000 units. On both sides of the site exists the new Amazon distribution center, Lasco Fittings, and Almo Distribution (1,2000,000 square feet) and the new North Valley's Commerce Center (1,676,000 square feet). More than 14,000,000 square feet of distribution and warehousing in the North Valleys and the neighboring Tahoe Reno Industrial Center give reason for all of this astonishing growth. The Stead Airport (less than 3 miles from premises) was awarded by the FAA as one of the only facilities in the US to test drones, which, according to the State of Nevada, will likely create approximately 15,000 jobs.
Options for purchasing individual pads or entire property are available.
Conceptual plans:
Hotel with retail pads
Retail pads with residential in back
Shopping center development