class a industrial/retail property - foothill commerce...

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kiddermathews.com For Sale Class A Industrial/Retail Property - Foothill Commerce Center 9720 S Virginia Street, Suite A Reno, NV ±4,800 SF class A industrial/retail space Quality location - excellent first impression property Adjacent to anchored shopping center End cap with windows and doors on two sides Monument signage available for owners Large showroom, restrooms and warehouse One 12' x 12' grade-level door Sale Price: $720,000 L o n gle yLn. S Virginia Street N . V i s t a B l v d . E. Prater Way Baring Blvd. n s P k w y D o u b l e RB l vd Holcomb Ranc h Ln LakesideDr LakesideDr D es e rt W a y A l e x a n d e r Lak eR d Bell aVistaR a nc h S h or t L n H id de n V a lley D r MiraLom a D r S Mc C a rr a n B l v d L o ngley Ln W . 4th Stree t E GregSt GregSt N McCarran Blvd Oddie Blvd N . W e l l s Av e SW e l l s A ve Mill St Vassar St R yl an dSt SVir g i n ia St Ea st Pl u m b Lane Plumas t S P luma s t S SArlingtonAve Hunter LakeDr S kyli n e B l v d SM c C arra n Blvd N M c C a r ra n B lvd E 2nd St NSierraSt S Sier r aS t W SeventhSt La s Brisas Blvd A ven i d a D eLa n d a y W S eve n t h S t M a eAn n e Ave R obb D r harlands Av e M aybe rry Dr Pl a t ea u Rd S M c C a r r a n Bl v d S u t r o S t El Ra n ch o Dr. R o c k Bl v d P y r a i m d W a y E4thSt M ill St NVirg in i a St E v a ns Av e K e y stone A v e Ki e t z ke n L S R o c k Blv d K ie t z k e L n EPeckhamLn Airwa y Dr Pembroke D r D ou b l e D i a m o n dPkwy S M ead o w s Pkw y Ve t e ra ns P k w y Carat Dr Carat D r S teamboa t P kw y Damon t eRanc hP k w y WZolezzi Ln E d m a nd s D r Foothill Rd Thomas CreekRd D r y d e n D r Ven tanaPkw y R io W r a n g l e r P a r k way Cl ean WaterW ay E Lincoln W a y W Huffaker Ln W Moana Ln Reno-Tahoe International Airport Contact Brad Lancaster Vice President, Industrial Services C: 775.690.0535 | O: 775.301.1300 [email protected] SUBJECT PROPERTY

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Page 1: Class A Industrial/Retail Property - Foothill Commerce Centerimages1.loopnet.com/d2/-7ENISRKyceo8t6bPm9WnGd7... · Class A Industrial/Retail Property - Foothill Commerce Center 9720

kiddermathews.com

For SaleClass A Industrial/Retail Property - Foothill Commerce Center

9720 S Virginia Street, Suite A Reno, NV

±4,800 SF class A industrial/retail space

Quality location - excellent first impression property

Adjacent to anchored shopping center

End cap with windows and doors on two sides

Monument signage available for owners

Large showroom, restrooms and warehouse

One 12' x 12' grade-level door

Sale Price: $720,000

Longley

Ln.

SVirginia Street

N. V

i rgin

ia S

treet

Clea

r Acre

Ln

Golden Valley Rd.

Dandini Blvd

El Rancho Dr.

Pyra

mid

Way

Pyra

mid W

ay

Vist

a B l

vd.

E. Prater Way

Baring Blvd.

Sun

Valle

y Bl

vd.

Highland Ranch P kwy

Vete

r ans

Pkw

y

Geiger Grade Rd

Arrowcreek Pkwy

Do uble R Blvd

Holcomb Ranch Ln

Lake

side

Dr

Lake

side

Dr

Desert W

ay

Alexander Lake Rd

Bella Vista Ranch

Short Ln

Hidden V

alley Dr

Mira Loma Dr

S McCarra

n Blv

d

Long

ley

Ln

W. 4th Street

E Greg StGreg St

N McCarran Blvd

Oddie Blvd

N. W

e ll s

Ave

S W

ells

Ave

Mill St

Vassar St

Ryland St

S Virginia St

East Plumb Lane

Plumas

tSPlum

as tS

S Arlington AveH

unte

r Lak

e D

rSk

yline

Blv

d

S McCarran Blvd

N McC

arran

Blvd

E 2nd St

N Si

erra

St

S Si

erra

St

W Seventh St

Las Brisas BlvdAvenida De Lan

da

Beaumont Pkwy

W Seven

th St

M ae Anne Ave

Robb

Dr

Sharlands Ave

Somersett PkwyE ening Rock T

rai l

Mayberry Dr

Pla teau Rd

S Mc Carra n Blvd

S utro St

El R

anch

o Dr

.

Rock Blvd

Py r ai

md W

a y

E 4th St

Mill St

N Virginia St

Evans Ave

Keystone Ave

Kietzke nL

S Rock Blvd

Kiet

zke

Ln

E Peckham Ln

Airwa y Dr

Pembroke Dr

Double Diamo

nd Pkwy

S Meadows Pkwy

Vete

rans

Pkw

y

Carat Dr Carat Dr

Steamboat Pkwy

Damonte Ranch Pkw y

W Zolezzi LnEdm

ands

Dr

Foothill Rd

Thomas Cree k R d

Dry de

n Dr

Ventana Pkwy

Wed

ge Pkwy W

este

rn Skies D

r

Rio Wrangler Parkw

ay

Clean Water Way

E Lincoln Way

Disc Dr

Los Al tos Pkwy

Los Altos Pkw yVista Blvd

Eagle Canyon Rd

Eagle Canyon Rd

W Cal

le De

La P

lata

Lem

m

on Dr

Chickadee DrHungry V

alley Rd

Red Rock Rd

Deodar W

ay

Echo Ave

Moy

a Bl

vd

Stea

d Bl

vd

Estates Dr

Esta tes Dr

Pa tr ician Dr

Military Rd

Lear Blvd

Brav

o Ave

Hub ble D

r

La Posada Dr

Vista Blvd

W Huffaker Ln

W Moana Ln

E 7th Ave

Reno-TahoeInternational Airport

ContactBrad LancasterVice President, Industrial ServicesC: 775.690.0535 | O: [email protected]

SUBJECT PROPERTY

Page 2: Class A Industrial/Retail Property - Foothill Commerce Centerimages1.loopnet.com/d2/-7ENISRKyceo8t6bPm9WnGd7... · Class A Industrial/Retail Property - Foothill Commerce Center 9720

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

Exterior

Site

AVAILABLE SUITE A

S Virginia Street

Ho

lco

mb

Ln

Page 3: Class A Industrial/Retail Property - Foothill Commerce Centerimages1.loopnet.com/d2/-7ENISRKyceo8t6bPm9WnGd7... · Class A Industrial/Retail Property - Foothill Commerce Center 9720

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. kiddermathews.com

For Sale

±4,800 SF industrial/retail space

200 amp | 480 volt | 3-phase power (Tenant to verify)

One 12' x 12' grade-level door

T-5 & T-8 lighting

.33/3000 sprinkler system

17'-20' clear height

Constructed in 2003

Aerial

Specifications Location Advantages

Proximity to Hwy 395/I-580 on/off ramps

Within desirable south Reno retail/industrial area

Access to large labor pool & services for employees

Proximity to Reno-Tahoe International Airport

Proximity to Tesla, Switch, Apple, Google and many

other high-profile corporate citizens

SITE

RENO

RENO-TAHOE INT'L AIRPORT

Mill Street

S M

cCar

ran

Blv

d

Greg Street

S Rock Blvd

9720 S VIRGINIA STS Virginia St

Gatew

ay Dr

Holcomb Ln

S Meadows Marketplace

S Meadows Pkwy

Proto

type

Dr

SOUTH CREEK CENTER

Page 4: Class A Industrial/Retail Property - Foothill Commerce Centerimages1.loopnet.com/d2/-7ENISRKyceo8t6bPm9WnGd7... · Class A Industrial/Retail Property - Foothill Commerce Center 9720

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

For Sale

ContactBrad LancasterVice President, Industrial ServicesC: 775.690.0535 | O: [email protected]

TAX COMPARISONS NV CA AZ UT ID OR WA

State Corporate Income Tax No 8.84% 4.9% 5% 7.4% 6.6%-7.6% No

Personal Income Tax No 1%-13.3% 2.59%-4.54% 5% 1.6%-7.4% 5%-9.9% No

Payroll Tax 1.475% 0.83% (SF Only)

No No No 0.09% No

Monthly Property Tax (Based on $25M Market Value) $22,969 $22,917 $71,667 $22,917 $33,333 $32,688 $20,833

Unemployment Insurance Tax 0.25%-5.4% 1.5%-6.2% 0.03%-8.91% 0.2%-7.2% 0.43%-5.4% 1.11%-5.4% 0.1%-5.7%

Capital Gains Tax No Up to 13.3% 2.59%-4.54% 5% Up to 7.4% 5%-9.9% No

WORKERS’ COMP RATES NV CA AZ UT ID OR WA

Class 2915 - Veneer Products Mfg. $2.45 $11.33 $2.65 $1.48 $3.32 $3.09 $1.70

Class 3632 - Machine Shop NOC $2.88 $4.92 $2.20 $1.64 $4.51 $2.01 $1.23

Class 8810 - Clerical Office Employees NOC $0.21 $0.39 $0.20 $0.09 $0.28 $0.10 $0.14

Business Cost Comparisons

Source: https://www.nvenergy.com/about-nvenergy/economic-development/taxes-incentives

Last updated: 07/2017

GROUND

Reno-Tahoe Int’l Airport 5.6 miles

Reno-Stead FBO 17.4 miles

UPS Regional 9.4 miles

FedEx Express 5.7 miles

FedEx Ground 17.9 miles

FedEx LTL 7.4 miles

Transportation

Demographics

2017 1 mi 3 mi 5 mi

Population 9,057 49,981 116,055

Households 4,050 20,537 46,724

Median Income $61,056 $72,360 $64,444

Nevada State Incentives

Helpful Links

OR

WA

CANV UT

WY

MT

CO

NMAZ

ID

(1 DA

Y TR

UC

K S

ER

VIC

E)

(2 DAY TR

UC

K SER

VICE)

HELENA890 miles

SEATTLE751 miles

PORTLAND579 miles

SACRAMENTO129 miles

LAS VEGAS446 miles

LOS ANGELES518 miles

PHOENIX769 miles

SANTA FE1,081 miles

DENVER1,046 miles

CHEYENE949 miles

RENO

SALT LAKE CITY514 miles

Business Costs: http://www.diversifynevada.com/selecting-nevada/nevada-advantage/cost-of-doing-business

Business Incentives: http://edawn.org/why-nevada/business-advantage/

Cost of Living: http://opportunitynevada.files.wordpress.com/2017/11/costofliving.pdf

Quality of Life: http://edawn.org/live-play/

No state, corporate or personal income tax

No estate tax, no inventory tax, no unitary tax, no franchise tax

Right-to-work state

Moderate real estate costs

Low workers’ compensation rates