NV > Reno > Nv
Reno, NV 89502,1855 E Peckham
Reno, NV 89502,1855 E Peckham
Reno, NV 89502,1855 E Peckham
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Hadley Faught

Hadley Faught

Realtor

+1(775) 217-3890
$1,900,000
Est. payment /mo
9,872 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 9,872 sqft

Price per Sqft $192

Subdivision Nv

MLS Listing ID 250005129

Year Built 2006

Lot Size 0.733 Acres

Acres 0.733

Property Sub-Type Industrial

Property Description

Prime Commercial Flex Space – 5-Unit Investment Opportunity Located in the heart of Reno, this desirable 5-unit commercial flex property presents an exceptional investment or owner-user opportunity. Strategically positioned near Reno-Tahoe International Airport, with easy freeway access and close proximity to the Virginia Street corridor, this property offers excellent visibility and accessibility for tenants and businesses alike. Property Highlights: - Versatile Flex Units – Ideal for office, warehouse, light industrial, or showroom use - 14' Roll-Up Doors – Convenient access for logistics and operations - Dedicated Fenced Yards – Private outdoor storage or workspace for each unit - Prime Location – Minutes from major freeways, airport, and business hubs - High Demand Area – Perfect for small businesses, contractors, and logistics - Current Maintenance/Inspections - Well cared for and maintained Investor Advantage: - Value-Add Potential – Two tenants currently leasing below market rates, offering an opportunity to increase cash flow by an additional 60%-100% NOI within 2.5-4 years - Asking price $192.46/psf; Sales comps support $236.00/psf - Appreciation Potential – Rental rate adjustments and market growth enhance the long-term value of the property This is a rare opportunity to secure a highly sought-after flex property in Reno's booming commercial sector. Contact us today for financials, leasing details, and showings. ***Stated NOI in PRO-FORMA estimates based on current lease rent escalations/budget and projected renewal terms. ***Buyer to verify power, description pulled from prior sources but not confirmed

Location

State NV

County Washoe

Zoning ME

Interior

Interior Features Metal, Sheet Rock

Heating Electric, Natural Gas, Forced Air

Flooring Concrete, Sheet Vinyl

Exterior

Exterior Feature Fiber Cement Siding, Metal Siding

Fence Back, Chain Link, Partial, Yes

Utilities Available City Sewer, Electricity, Natural Gas, City/County Water

Roof Type Metal,Pitched

Total Parking Spaces 21

Building

Story 1 Story

Foundation Concrete Slab

Level or Stories 1 Story

Structure Type Steel Frame

Others

Tax ID 02526621

SqFt Source 9872

Special Listing Condition None

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Listed by Hilderbrand Property Management

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agent

Hadley Faught

+1(775) 217-3890

Broker Associate | License ID: BS.0146658

Broker Associate License ID: BS.0146658

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