132 2Nd St Reno, NV 89501

This exceptional investment opportunity presents a 3,312 square foot, single-tenant storefront located at 132 E 2nd Street, Reno, NV 89501. The property, built in 2006, boasts a strong 6.00% cap rate and a substantial net operating income (NOI) of $296,479, reflecting a 100% occupancy rate. The current tenant, a well-established cannabis dispensary, has a proven track record of success in this high-growth area of downtown Reno. The property benefits from its strategic location adjacent to the new 369-unit BALLPARK multifamily development and Ace's Ballpark, ensuring high foot traffic and visibility. The 0.643-acre lot is zoned MD and features on-site security, reflecting a commitment to safety and operational efficiency. The building itself is a single-story, Class C structure with a NNN lease in place. This turnkey investment offers a compelling opportunity to acquire a stable, high-performing asset in a thriving Reno submarket. The asking price is $4,941,318.33. The property's APN is 011-072-15. This is a rare chance to own a piece of Reno's vibrant downtown core. The tenant has operated successfully at this location for over seven years.