HFF is exclusively marketing for sale The Commons, a 152,000-square-foot, market-leading retail center located in Reno, Nevada. Anchored by Total Wine & More, DSW, Guitar Center and PetSmart, The Commons features a synergistic mix of national retailers and daily needs co-tenants. As evidenced by an exceptional sales performance, Total Wine & More is the daily needs anchor for The Commons and has established comparable traffic patterns to a traditional grocery anchor.
The retail property for sale is strategically located at 6625-6675 and 6795 South Virginia Street in the heart of the submarket’s primary retail corridor and benefits from excellent freeway access and visibility on the U.S. 580 with an adjacent on/off ramp. The property is located four blocks from Rancharrah, a more-than-700-unit master-planned community development that has had tremendous success selling Phase 1 and is expanding to other phases now.
The Commons offers investors the opportunity to acquire a retail center with a high-profile location in a key retail corridor along with daily needs tenants that provide income security. For more information on this commercial property, please contact Bryan Ley or Jules Sherwood. Click here for our real estate investment sales search page.
Jules Sherwood is a licensed real estate broker in the state of Nevada, along with Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp (collectively, “HFF”).