Midtown / Downtown Restaurant
$1,529,736
516 S Virginia, Reno, NV 89501
For Sale
Retail
Restaurant
Active
Last Updated: 01/17/2025
2,012 sqft
Building Size
0.16 acres
Lot Area
Details:
Building Size: 2,012 sqft
Lot Area: 0.16 acres
Occupancy: 100%
Units: 1
Year Built: 1930
Floors: 1
Highlights:
- NNN LEASEL with 2.5% ANNUAL RENTAL INCREASES
- Current lease term expires 1/31/29 and tenant has one five year options to renew with annual increases.
- High-visibility location in MidTown Reno
- Modern and attractive building design
- Prominent signage
- Brand new roof in 2025
Description:
Located at the Heart of Midtown & Downtown Reno. A fantastic restaurant site with parking and a large outdoor patio. Tenant just exercised the first of two Five year options to renew showing commitment to the location and success of the business. .
Midtown / Downtown Reno
Documents:
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Location
