Retail Space Rents in Reno, NV
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Reno asks $26.4 per square foot.
Retail Space Lease Types in Reno, NV
The most common type of lease agreement you’ll find here is NNN, with 19 space(s) available under this type of arrangement.
The local market is also home to 3 retail space(s) offered under a Full Service lease agreement type, and 3 Modified Gross listing(s).
Most Common Type of Lease for Retail Buildings in Reno, NV
- NNN
19
- Full Service
3
- Modified Gross
3
Average Size of Retail Space for Lease in Reno, NV
The average size for this type of rental opportunity in Reno is 1,000 sqft to 2,500 sqft. Currently, the local market offers 30 listing(s) within that size range.
You can also search 22 listing(s) in the 2,500 sqft to 5,000 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Reno, NV
Retail space in Reno comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Community Center and you can find 8 such space(s) available.
Community Center spaces listed for rent here have an average size of 2,132 square feet. Community centers can incorporate grocery stores, discount department stores, large drugstores, and more. They’re meant to offer one-stop-shop convenience for residents of the surrounding area, so consider the local customer base when looking to lease a community center space.
The local market is also home to 5 space(s) listed as Power Center. The average size you can expect to find for this category is 30,672 square feet. Power centers bring together large anchor tenants as well as smaller retail spaces for other businesses that want a piece of the great foot traffic that this type of shopping center can generate.
What’s more, you can find 3 listing(s) in the Street Retail category, currently available in the average size of 2,482 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Top Locations to Lease Retail Space in Reno, NV
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Southwest Reno is your top choice for lease opportunities, as it is currently home to the highest number of listings — 19 retail space(s).
The most popular space type here is Power Center.
You can find 3 such listing(s) here.
Reno’s second most popular area is Southeast Reno, where you can find 15 retail listing(s).
The most likely type of space you can rent here is Street Retail.
If this is the kind of property you are looking for, you will find 1 listing(s) available here.
Wells is also among the best areas to search for your next commercial space. Here you can find 6 retail space(s) available for consideration by prospective tenants, of which 6 are Community Center.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.
Data based on retail spaces listed for rent on CommercialSearch.com
4801 Kietzke Ln, Southwest Reno, Reno, NV
1640 South Wells Avenue, Wells, Reno, NVProperty
11 N Sierra St, Suite 104, Downtown Reno, Reno, NVProperty
336 W Liberty St, Downtown Reno, Reno, NVProperty
1385 N Virginia Street, West University, Reno, NVProperty
4092 Kietzke Ln, Southwest Reno, Reno, NV
4084 Kietzke Ln, Southwest Reno, Reno, NV
8790 Red Rock Rd, Silver Shores, Reno, NV
3747 Butch Cassidy Dr, Galena Terrace, Reno, NVProperty
230 Evans Ave, Downtown Reno, Reno, NVProperty
5110 Mae Anne Ave, Sierra Highlands, Reno, NV
780 Smithridge Drive, Suite 450, East Peckham, Reno, NV
960 Ambassador Dr, Northgate, Reno, NVProperty
283 E Plumb Ln, Wells, Reno, NV
748 S Meadows Pkwy, Southeast Reno, Reno, NV
5150 Mae Anne Ave, Sierra Highlands, Reno, NV
170 S Virginia St, Downtown Reno, Reno, NV
13981 South Virginia Street, Southeast Reno, Reno, NV
4794 N VIRGINIA ST, Northeast Reno, Reno, NVProperty
6625-6805 S Virginia St , Crystal Lake, Reno, NV