Downtown Reno Retail

Downtown Reno

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,740
As of: February 24, 2017

Downtown Reno Rates

Most listings are in the $20's per square foot per year. The Downtown Reno region is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 9% rise in rent.

Downtown Reno Listing Supply

In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Downtown Reno are subleases, so you will probably have to consider a longer term lease. 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 1,740 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1973 and are Class B.

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 market. 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