9805 Double R BlvdReno, NV 89521

Property Details for 9805 Double R Blvd

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.99 AC

Property size (Sq ft)

78,496 SF

Zone code

PD

Property type

Office buildings

APN

163-061-01

APU

16306101

Description

Park Center West, located at 9805 Double R Blvd in Reno, Nevada, offers 12,015 square feet of immediately available Class A office space. This single, three-story building totaling 80,000 square feet, was constructed in 1999 and underwent a complete lobby and common area renovation in 2017. The property is situated in the desirable South Meadows submarket, providing convenient access to Interstate 580 and a wealth of nearby retail amenities and dining options. The space is perfect for businesses seeking a prestigious and modern workspace. Multiple tenancy options are available, with a minimum divisible space of 4,461 square feet and a maximum contiguous space of 12,015 square feet currently vacant. Building features include elevators. This exceptional property offers a blend of functionality and prime location, making it an ideal choice for discerning businesses seeking a sophisticated and convenient office environment in Reno. The property is classified as both Executive and Traditional Office space, catering to a variety of business needs. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $17,753,100

  6.5%

  $16,387,500

  7%

  $15,216,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,974,800

  Geo Method

  $17,974,800

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $33,119,100

  Retail / Commercial

  $16,815,700

  Mixed-Use / Specialty

  $16,623,800

  Hospitality / Lodging

  $12,024,400

  Institutional / Educational

  $17,234,800

  Residential Income

  $20,164,700

  Multifamily

  $24,916,500

  Automotive / Energy

  $14,772,700

  Parking / Income-Based Land

  $5,228,330

  Restaurant / Food Service

  $8,364,360

  Healthcare / Senior Housing

  $17,182,800

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4431

Longitude

-119.761

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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