For Sale
$7,750,000

11 Sierra St Reno, NV 89501

Iconic Reno theatre; strong tenant, great location.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional retail property, a 52,453 square foot theatre located at 11 N Sierra St, Reno, NV 89501, is currently offered for sale at $7,750,000. The property, built in 1999, sits on a 1.416-acre lot (APN: 011-440-01, 011-440-03, & 011-440-04) and is zoned MD-RD. Currently occupied by Century Theatres under a lease expiring November 30, 2024, this single-tenant building benefits from a prime location in Reno's Entertainment District, placing it within easy reach of the city's casinos and business districts. The property's strategic position is further enhanced by its proximity to a substantial daytime workforce of approximately 40,000 individuals and a rapidly expanding residential population. Convenient off-site covered parking is available across West First Street, adding to the property's overall appeal. This presents a unique investment opportunity in a thriving urban core. The property's size and location make it an attractive prospect for a variety of future uses, capitalizing on Reno's dynamic growth.

Highlights

  • 11 N Sierra St., Reno, NV is offered for sale at $7,750,000.
  • Currently leased to Century Theatres, expiring November 30, 2024.
  • Features off-site covered parking across West First Street.
  • Excellent location with 40,000 daytime workers and a growing residential population.
  • Located in Reno's Entertainment District, near casinos and business districts.

Property Details for 11 Sierra St

Property type
Theaters & concert halls, Retail properties
Square Feet
52,453 SF
Year Built
1999
Lot Size (sq. ft)
61,681 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.524713697868
Longitude
-119.81404115052

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FAQs

What type of property is this?
Theater & concert hall - Iconic Reno theatre; strong tenant, great location.
Where is the theater & concert hall located?
The property is located at 11 Sierra St Reno, NV.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: 11 N Sierra St., Reno, NV is offered for sale at $7,750,000.; Currently leased to Century Theatres, expiring November 30, 2024.; Features off-site covered parking across West First Street.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Travis Hansen
Travis Hansen
Kim Ferlingere
Tom Fennell
Tom Fennell
Chris Shanks
Chris Shanks
Matt DeRicco
Matt DeRicco
Visit Broker Website

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Useful Information

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Sierra St
Reno, NV 89501

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Sierra St
Reno, NV 89501

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

11 Sierra St
  • Travis Hansen
    Travis Hansen
  • Kim Ferlingere
  • Tom Fennell
    Tom Fennell
  • Chris Shanks
    Chris Shanks
  • Matt DeRicco
    Matt DeRicco
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