- For Sale $12,000,000
- Property Type Other
- Property Size 469,141.2 SF
- Date Updated Sep 30, 2026
Description
This Wells Avenue project is one of the few remaining infill sites inside the McCarran Avenue ring. Consisting of 10.77 acres of a combination of MF30 and MU zoning, the location is ideal for multifamily housing. The tenant occupied area has a ground lease to an environmental recycle company with approximately 4 years remaining, which could allow for a developer to complete a project in two phases while receiving triple net rents on a portion of the site.
Highlights
- Annual rent is $96,000
- Approximately 4 years remaining
- Includes a ground lease for Reno Rendering.
- Lease has no options for renewal
- Lease has right of first refusal
- Lease is triple net
- Price includes 4 houses on Winston Dr. for purposes of access.
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Contacts
Reed Simmons
Location
Located at 0 Wells Avenue , Reno, NV 89512, this property is part of the Northeast Reno neighborhood and Reno market.
Contact Listing Broker
Reed Simmons
