3370 Kietzke LnReno, NV 89502

Property Details for 3370 Kietzke Ln

Year built

1978

Construction

WOOD

Lot size

0.73 AC

Property size (Sq ft)

9,600 SF

Zone code

MU

Property type

Retail space

APN

020-051-05

APU

2005105

Description

Kietzke Center, located at 3370 Kietzke Lane, Reno, NV 89502, offers exceptional retail opportunities in a high-traffic location. This 160,096 square foot shopping center boasts a diverse tenant mix, anchored by CAL Ranch Stores, CSL Plasma, and Fitness Connection. The center also benefits from the proximity of shadow anchors Sportsman's Warehouse and Ashley Furniture, further enhancing its draw. The property is situated in southeast Reno, conveniently located just west of I-580, across from the Reno-Sparks Airport and Reno Convention Center, at the intersection of Kietzke Lane and Moana Lane in Washoe County. Multiple suites are available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 26,092 square feet. Currently, there are 33,112 square feet of vacant space available for lease, offering flexibility for various retail concepts. The property consists of four total building suites, providing a well-established and thriving retail environment. This is an excellent opportunity to establish or expand your business in a dynamic and highly visible location within a successful shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $1,659,310

  6.5%

  $1,531,670

  7%

  $1,422,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,286,240

  Geo Method

  $2,286,240

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,996,370

  Mixed-Use / Specialty

  $1,522,390

  Hospitality / Lodging

  $1,111,950

  Office

  $1,509,370

  Institutional / Educational

  $1,581,310

  Residential Income

  $1,850,130

  Multifamily

  $2,240,130

  Automotive / Energy

  $1,355,410

  Parking / Income-Based Land

  $471,510

  Restaurant / Food Service

  $783,651

  Healthcare / Senior Housing

  $1,565,100

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.4924

Longitude

-119.788

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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