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31740571
31740572

8805 North Red Rock Road, Reno, NV 89508

DK
NV NV BS.0145425, CA CA 01917475
Marcus & Millichap - Sacramento
Listed by Marcus & Millichap - Sacramento
$15,750,000
75 days on market
Updated 29 days ago

8803 & 8805 North Red Rock Road

Details
Property Type Retail, Self Storage
Square Footage 81,800
Net Rentable (SqFt) 81,800
Units 220
Year Built 2022
Buildings 3
Acreage 11.880
Investment Type Institutional
Ground Lease No

Red Rock Mega Storage, Reno NV | Institutional Quality Self Storage Facility | Expansion Potential

Investment highlights

Marcus and Millichap as the exclusive listing agent is pleased to present Red Rock Mega Storage located in Reno, NV. Red Rock Mega Storage presents a rare opportunity to acquire an institutional quality self-storage asset along with an additional, entitled parcel for further expansion. Strategically located in the rapidly expanding Reno market, the property features a diverse unit mix including highly sought-after climate-controlled units and convenient drive-up access for large vehicles, RVs, and small business owners.

The opportunity also includes an adjacent 7.49 acres of entitled land for approximately another 100,000 nrsf of storage units., for a total of 180,000 nrsf. The facility has been professionally managed and boasts consistently high occupancy and strong demand from tenants seeking larger units. With robust population growth in Washoe County and limited new storage supply, incoming investors can immediately capitalize on sustained rental demand and implement strategic revenue management to drive significant Net Operating Income growth. Please do not disturb managers or tenants. Reach out to listing agent for more information: Daniel Kuchugurny ([email protected]; 916-724-1312)

Listing Contacts

DK
NV NV BS.0145425, CA CA 01917475
Marcus & Millichap - Sacramento
Listed by Marcus & Millichap - Sacramento

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Additional Information

Name
Frank Cameron Glinton
License
Lic #: B.1002894.CORP
Title
Broker of Record
Name
Daniel Kuchugurny
License
NV BS.0145425
Brokerage Phone
9167241312
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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