Downtown Reno Commercial Real Estate For Lease

Downtown Reno

Market Report

Number of Listings For Lease
Posted in the last 90 days
20
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
990

Downtown Reno Commercial Real Estate

Find Downtown Reno commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Downtown Reno commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Reno Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Downtown Reno submarket is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $6 per sqft per year. That's a 20% rise in rent.

Downtown Reno Listing Supply

In the last 90 days, 252 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Downtown Reno are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,670 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built around 1973 and are Class B.

Downtown Reno Community

A large portion of this market is residential, but there's plenty of office space. Construction is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Reno residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Reno.
Research