Las Brisas Pavilion

5020 - 5030 Las Brisas Blvd., Reno, NV 89523

— For Sale —

Offering Price $6,111,000

Total Square Footage +/- 13,957 SF

Price Per Square Foot $438 PSF

CAP Rate 6.25%

Property Information

LOGIC Commercial Real Estate is pleased to present Las Brisas Pavilion, a +/- 13,957 SF retail center in the northwest Reno submarket. This multi-tenant retail center was constructed in 2006, with two individual buildings on a +/- 1.53 AC parcel. This property is positioned at the intersection of S. McCarran Blvd. and Las Brisas Blvd. with over 27,000 CPD. The center has ample parking with 87 spaces and features a tenant mix of Squeeze In, Sushi 7, Bluetree Dental, Keva Juice, Beach Hut Deli, Old World Coffee, and State Farm. 

The northwest Reno submarket experiences below average vacancy due to surrounding heavy residential population and high demand for retailers. The property has excellent access to I-80 via N. McCarran Blvd. traveling south and to N. Virginia St. via N. McCarran Blvd. traveling east. Total population within a 1-mile radius is over 14,000 residents across more than 5,500 homes with an average household income over $103,000.