Hilltop Portfolio

275 Hill St. Reno, NV 89501, 241 Ridge St. Reno, NV 89501, 201 W. Liberty St. Reno, NV 89501

— For Sale —

Portfolio Offering Price $22,750,000

Number of Properties 3

Cap Rate 6.9%

Total Square Footage +/- 80,279 SF

Property Information

LOGIC Commercial Real Estate is pleased to present for sale The Hilltop Portfolio. Consisting of 241 Ridge St., 275 Hill St., and 201 W. Liberty St., the +/- 80,279 SF portfolio is a unique opportunity to enter the Downtown Reno market with three fully stabilized, well managed assets.

Featuring staggered lease expirations, diversity in suite sizes, and a broad tenant mix, the portfolio is ideal to capture the local and regional tenant demand that makes up the majority of the submarket’s activity. 275 Hill St. contains the popular downtown restaurant Washoe Public House, furthering the portfolio’s diversity in tenant offerings.

A rarity for Downtown, all three assets include on-site parking with 201 W. Liberty St. having over half an acre that has the ability to serve as overflow for all three assets or act as a future development site. Both 241 Ridge St. and 275 Hill St. contain parking garages allowing easy tenant access throughout the year.

Situated at the border of MidTown and Downtown Reno, the portfolio is less than a mile from municipal and judicial hubs, and less than two miles from the Renown Medical Campus, Saint Mary’s Medical Center, and the University of Nevada Reno. The portfolio can also be available as individual office assets, please contact the Brokers for additional information.

Contact

Brokerage

Mike Keating, SIOR

Partner
Reno
License S.174942
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O 775.433.1104
C 775.386.9727
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Brokerage

Chase Houston, SIOR

Senior Vice President
Reno
License S.174274
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O 775.433.1124
C 775.848.6007
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Michael Dorn Logic Commercial Real Estate
Brokerage

Michael Dorn

Senior Associate
Reno
License S.189635
O 775.433.1109
C 775.453.4436
More Info