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Las Brisas Pavilion

2 Retail Properties Offered at £4,734,000 in Reno, NV

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Investment Highlights

100% leases to seven tenants with an average lease term remaining of 4 years
High population area with over 14,000 residents within a 1-mile radius

Building completed in 2006 with Class-A finishes

Executive Summary

LOGIC Commercial Real Estate is pleased to present Las Brisas Pavilion, a +/- 13,957 Sf retail center rin 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.

Property Facts

Price	£4,734,000	Number of Properties	2
Price / SF	£341.71 / SF	Individually For Sale	0
Net Initial Yield	6.51%	Total Building Size	13,854 SF
Sale Type	Investment NNN	Total Land Area	1.54 AC
Status	Active

Price	£4,734,000
Price / SF	£341.71 / SF
Net Initial Yield	6.51%
Sale Type	Investment NNN
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	13,854 SF
Total Land Area	1.54 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
5020 Las Brisas Blvd - Bldg A 5020 Las Brisas Blvd, Reno, NV 89523	Retail	6,927 SF	2006	-
5020 Las Brisas Blvd - Bldg B 5030 Las Brisas Blvd, Reno, NV 89523	Retail	6,927 SF	2006	-

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