SVN Gold Dust Commercial Associates is pleased to present Westridge Corners, a 50,696 square foot neighborhood shopping center and professional office complex, located at 5365 Mae Anne Avenue in Reno.

The complex is currently a 100% occupied with 35 tenants, providing a staggered lease expiration schedule. Additional property highlights include:

• Diverse mix of tenants with professional office and retail users
• Property includes a cell antenna leased to Sprint Nextel providing an additional source of revenue
• Major tenants include Bully’s Sports Bar & Grill, Port of Subs corporate office, Pizza Plus, Sprint Nextel and Sushi Rose
• Original Bully’s Sports Bar & Grill
• Port of Subs corporate office and Pizza Plus have all occupied since early 2000.
• All retail leases are Triple-Net
• Scarce inventory in area relative to heavy day-time population
• Signalized, hard corner location with multiple ingress and egress points
• Located directly north of Walmart and down the street from a new residential development
• Located in North West Reno right off North McCarran Blvd, Reno’s main arterial thoroughfare running a loop around Reno and Sparks.
• Providing +/-36,000 vehicles per day
• Property has an approximate 3-mile growing population of 70,000, an ideal neighborhood retail/professional office location

Please view the complete listing here: https://www.svngdca.com/properties/?propertyId=310441-sale

SVN Gold Dust Commercial Associates is pleased to present the inventory report for February 2019. Featured listings include an industrial piece of land located in the Northeastern urban area of Carson City, a flex industrial space located in Fernley, NV and an office and industrial flex space located in the Sierra Vista Business Park.

Senior Advisor, Jack Brower, CCIM, represented Robert & Connie Hoff in the sale of a 115,600 square foot industrial building, located at 80 Airpark Vista Blvd. in Dayton, NV, for $6.4 million to Ozark Materials Nevada, LLC. Located just 20 minutes from the Tesla Gigafactory, the property also includes 12,000 square feet of Class A office space that is available for lease. The new owner will bring nearly 30 new jobs to the area as they increase the company’s west coast presence.

View and search the complete inventory here.

Five industrial flex condos, located at 868-878 Cottonwood Lane in Fernley, are available for lease for $0.65 SF/month. Each unit is 3,240 square foot and located off US Highway 95 in Fernley and two miles from Interstate-80.

Highlights include:

• 5 flex condos available | Max contiguous ±16,200sf
• Each unit is ±3,240 square feet
– ±740 sf office/showroom
• 12′ grade level roll-up door
• 14′ clear height | 200amps, 480volt
• Excellent visibility along US Hwy 95 | Clean and recently renovated
• Easy access to Interstate-80
• Two bathrooms
• Newly refurbished in 2018

View the complete listing here: https://www.svngdca.com/properties/?propertyId=369733-sale&tab=map

Associate Advisor, Heather Collins was featured in the Northern Nevada Business View. SVN announced Collins as an Associate Advisor in December 2018.

See Heather’s announcement in the January edition of Northern Nevada Business View.

SVN Senior Advisor, Jack Brower, CCIM, represented Robert & Connie Hoff in the sale of a 115,600 square foot industrial building, located at 80 Airpark Vista Blvd. in Dayton, NV, for $6.4 million to Ozark Materials Nevada, LLC. Located just 20 minutes from the Tesla Gigafactory, the property also includes 12,000 square feet of Class A office space that is available for lease. The new owner will bring nearly 30 new jobs to the area as they increase the company’s west coast presence.

SVN Managing Director, Tomi Jo Lynch, represented the Giacomini Trust in the purchase of 2,880 square foot single-tenant office building, located at 285 W. Moana Lane, for $1,015,000. The buyer was concluding the upleg of a 1031 exchange. The property is occupied by Pritchett Eye Center on a long-term lease.

Introducing our January Featured Advisor, Amanda Eastwick. Amanda has worked in the commercial real estate industry for 6 years and focuses on Industrial Tenant and Buyer Representation. Read more about Amanda’s experience and her most memorable transaction at SVN.

Happy New Year! SVN Gold Dust Commercial Associates is pleased to present the inventory report for January 2019. New listings include an industrial space located at 995 S. McCarren Blvd. and a Redevelopment Opportunity in Reno.

We had multiple closed deals including:

• A fully occupied office investment space at 855 Maestro Drive. Broker Casey Prostinak closed this deal in only 10 days!
• An office investment space at 285 West Moana Lane
• An expansion space for Jampro Music Factory, LLC

View and search the complete inventory here.

SVN Commercial Associates has a client requirement for an Industrial Investor. Specifications include:

• Submarket: Reno, Sparks, Carson City or Minden
• Needs: Industrial building for investment purposes
• Square footage: Approx. ±40,000 – 60,000 SF
• Single Tenant Preferred
• 3-7-year lease
• 600+ Amps power minimum
• 16′ Clear height minimum
• Investor willing to pay a market cap rate
• Off market opportunities will be protected.

Please contact Tomi Jo Lynch with any potential investors.

Associate Advisor, Chris Waldschmitt and Broker Services Coordinator, Makenna Backstrom were featured in the Northern Nevada Business View. Both Waldschmitt and Backstrom joined the SVN Commercial Associates team in December 2018.

Waldschmitt specializes in leased investments in the Carson-Tahoe region. He began his career in commercial real estate investment at an early age. His father spent his whole life involved in commercial real estate investment and passed his knowledge and the ins and outs of the CRE industry on to Waldschmitt.

Backstrom joins SVN Commercial Associates with over 3 years of experience in property management, residential and commercial real estate. She is currently earning her Nevada Real Estate and Property Management license. Her experience includes administrative property management, commercial real estate marketing, residential leasing, rental unit touring, and marketing.

Read the full NNBV feature here: https://www.nnbusinessview.com/news/people/rick-thomas-named-svp-of-nevada-state-bank-nnbv-people-briefs-for-dec-2018/