Virginia Street Corridor Portfolio
High Traffic Downtown Assemblage For Sale
Marketing description
This prime corner is a high-performance 2.34-acre assemblage in the heart of Downtown Reno, Nevada. Strategically positioned at the gateway between the Financial District and MidTown, this portfolio offers investors a rare combination of immediate, stabilized cash flow and exceptional long-term development upside.
Investment highlights
• Diversified & Stabilized Income: A fully stabilized, mixed-use asset generating a 2025 Net Operating Income (NOI) of $1,026,994
• Strategic Five-Building Assemblage: Spanning 57,544 SF of built space, the site includes retail, office, multifamily, and specialty-use properties across four contiguous parcels
• Value-Add & Development Potential: Positioned for creative reimagining or high-density development in Reno’s most sought-after urban corridor totaling 2.34 acres.
• Unrivaled Connectivity: Nestled between Reno’s Financial District and the trendy MidTown area, with immediate access to courthouses, major entertainment venues, and the University of Nevada, Reno (UNR), serving over 20,000 students
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