Downtown Reno Office Space

Downtown Reno

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,280
As of: June 27, 2017

Downtown Reno Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Reno region is experiencing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Downtown Reno Listing Supply

In the last 90 days, 38 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 97% of the available space in the Downtown Reno are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,280 sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 1973 and are Class A.

Downtown Reno Community

Not much of the real estate is used for commercial space, so it might be hard to find 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 Report

Trends and status of the commercial real estate market in Downtown Reno.
Market Report

Market Data

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