5365 Mae Anne AveReno, NV 89523

Property Details for 5365 Mae Anne Ave

Year built

1989

Construction

WOOD

Lot size

3.42 AC

Property size (Sq ft)

31,040 SF

Zone code

NC

Property type

Office properties

Property subtype

Office buildings

APN

039-052-01

APU

3905201

Description

Westridge Corners, a vibrant commercial center in Northwest Reno, offers exceptional executive office suites for lease. This 1,968 square foot building, constructed in 1989, boasts a desirable location with high visibility on Mae Anne Avenue, a major thoroughfare experiencing over 112,500 vehicles daily. The property benefits from easy access to I-80 and North McCarran Boulevard, placing it within convenient reach of dense residential areas and thriving retail developments. The building is zoned NC - Neighborhood Commercial (10,000 sq ft), offering flexibility for various business types. Multiple tenancy options are available, with spaces ranging from a minimum of 215 square feet to a maximum contiguous space of 1,968 square feet; eight suites are currently available. Ample unassigned parking is provided for tenants and their clients. The center enjoys a strong tenant mix, including established businesses such as The Original Bully's Sports Bar, Sushi Rose, Pizza Plus, and Peavine Family Practice, along with other medical and general service providers. The property's APN is 039-052-01, located in Washoe County. This is an excellent opportunity to establish a presence in a thriving and well-connected Reno commercial hub. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $6,194,279

  6.5%

  $5,717,796

  7%

  $5,309,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,107,850

  Geo Method

  $7,107,850

• Alternative Use

  Use

  Valuation

  Residential

  $7,090,067

  Hospitality

  $6,494,464

  Educational

  $5,403,318

  Medical

  $5,589,146

  Retail

  $8,405,160

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.5343

Longitude

-119.869

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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