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Las Brisas Pavilion

2 Retail Properties Offered at $8,428,080 CAD in Reno, NV

Investment Highlights

  • 100% leases to seven tenants with an average lease term remaining of 4 years
  • High population area with over 14,000 residents within a 1-mile radius
  • Building completed in 2006 with Class-A finishes

Executive Summary

LOGIC Commercial Real Estate is pleased to present Las Brisas Pavilion, a +/- 13,957 Sf retail center rin the northwest Reno submarket. This multi-tenant retail center was constructed in 2006, with two individual buildings on a +/- 1.53 AC parcel. This property is positioned at the intersection of S. McCarran Blvd. and Las Brisas Blvd. with over 27,000 CPD. The center has ample parking with 87 spaces and features a tenant mix of Squeeze In, Sushi 7, Bluetree Dental, Keva Juice, Beach Hut Deli, Old World Coffee, and State Farm.

Property Facts

Price $8,428,080 CAD
Price / SF $608.35 CAD / SF
Cap Rate 6.51%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 13,854 SF
Total Land Area 1.54 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5020 Las Brisas Blvd - Bldg B
5030 Las Brisas Blvd, Reno, NV 89523
Retail 6,927 SF 2006 -
5020 Las Brisas Blvd - Bldg A
5020 Las Brisas Blvd, Reno, NV 89523
Retail 6,927 SF 2006 -
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  • Listing ID: 33662966

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: Las Brisas Pavilion, Reno, NV

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