- For Sale $26,995,000
- Property Type Office - General Office
- Property Size 84,151 SF
- Lot Size 0.95 SF
- Parking Spaces Avail. 137
- Building Class A
- Year Built 1974
- Year Renovated 2015
- Date Updated Oct 2, 2026
Description
* Full offering memoradum available upon signed NDA, contact brokers
Colliers, as the exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the U.S. Bank Building, a premier Class A office asset located in the heart of Downtown Reno, Nevada. The six-story Property totals 84,151 square feet and is currently 98.1% leased to a diverse roster of established tenants, providing investors with stable in-place cash flow and a highly occupied asset in Northern Nevada's primary business district.
Strategically positioned along South Virginia Street, the Property benefits from exceptional visibility, abundant parking, recent capital improvements, and walkable access to Downtown Reno's retail, dining, entertainment, and hospitality amenities. A renovated lobby and new chiller system completed in 2022 further enhance the building's competitive position while minimizing near-term capital needs.
The offering presents a rare opportunity to acquire an institutionally maintained office asset in one of the West's fastest-growing markets. Reno continues to attract corporate investment and population growth, driven by Nevada's favorable business climate, expanding technology sector, and significant public and private investment transforming the downtown core. With its premier location, strong occupancy, and diversified tenant base, the U.S. Bank Building is well positioned to deliver stable income and long-term value appreciation.
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