The former Lowes building is currently being utilized as storage for Renown Health. Building systems have been improved for the current use, and significant capital expenditures were undertaken to bring the building up to the current condition. Uses may include a last-mile distribution facility, multifamily conversion or on the frontage parcels, indoor self-storage, call center/back office use or retail. The large parking fields allow for employee heavy uses, or provide an opportunity to add additional density at the property.
Freestanding building with significant capital expenditures from current owner including mechanical systems, roll-up doors, mezzanine levels, and office build-outs.
Large parking field and two additional pads included in sale.Close proximity to both major freeways and arterial roads (Interstate 80, Interstate 580, McCarran Boulevard)
The property is fronted by two signalized intersections at Silverado Boulevard and El Rancho Boulevard and provides quick access to Interstate 580, which is less than a mile away. The infill location is minutes from Downtown Reno, The Reno-Tahoe International Airport, and both the University of Nevada and Truckee Meadows Community College.
Price | $10,000,000 | No. Stories | 1 |
Sale Type | Investment | Year Built | 1973 |
Sale Conditions | Redevelopment Project | Tenancy | Single |
Property Type | Retail | Parking Ratio | 2.16/1,000 SF |
Building Class | B | Zoning Description | MUD |
Lot Size | 13.41 AC | APN / Parcel ID |