- For Sale $26,500,000
- Property Type Retail
- Property Size 155,102 SF
- Date Updated Jun 12, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Below Replacement Cost Available at a low price PSF of $171, which is 27% below the market sale price PSF for the area, which sits at $233 PSF.
- Diversified Income Stream Mix of Anchors (23.35%), Retail (25.28%), Service (21.60%), and Restaurants (29.78%).
- Dominant Retail Hub in Sparks, Nevada 155,102 SF grocery-anchored shopping center serving a growing trade area.
- Freestanding High-Performing Wendys Pad Excellent opportunity to spinoff a 15-year Wendys pad that generates percentage rent.
- Ranked Top 20% of all Shopping Centers Nationally Driven by strong anchor tenants, daily needs retailers, and a high-visibility location on McCarran Blvd.
- Significant Upside in Rents 37.4% Below Market Current rents average $13.70 PSF annually, compared to the current market average of $21.90 PSF annually.
- Strategic Location in a High-Growth Area Growth is projected to continue, increasing 4.5% from 2024 to 2029.
- Synergistic Grocery Anchored Tenant Mix Tenants include Toro de Oro Market, Ross Dress for Less, Big 5, Planet Fitness, and Dollar Tree, and a Wendys drive-thru.
False
Contacts
Location
Getting Around
-
Walk Score ®
78/100
Very Walkable
-
Bike Score ®
80/100
Very Bikeable
- City Sparks , NV
- Neighborhood Sparks Marina
- Zip Code 89431
- Market Reno
Points of Interest
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Reno
4.17 miles
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Casino Tower, South Tram
4.37 miles
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Casino Tower, North Tram
4.37 miles
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Sky Tower, South Tram
4.43 miles
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Sky Tower, North Tram
4.44 miles
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Idlewild Park Train Ride
5.37 miles
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Tesla Supercharger
0.05 miles
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76
0.08 miles
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ChargePoint
0.31 miles
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Sinclair
0.49 miles
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7-Eleven
0.96 miles
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Shell
1.03 miles
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Tesla Destination Charger
1.20 miles
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Chevron
1.58 miles
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Rainbow Market
1.62 miles
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Valet Parking
2.77 miles
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Reno Airport Parking
3.14 miles
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Reno Airport Long-Term Parking
3.31 miles
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Teachers Lot
3.39 miles
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South Parking Structure
3.62 miles
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Cell Phone Waiting Lot Reno Airport
3.69 miles
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Hobey's Parking Garage
3.87 miles
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YOUnion - Parking Garage
3.89 miles
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Silver 12
4.07 miles
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Marriott Renaissance Valet Parking
4.11 miles
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Wendy's
0.04 miles
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Rivas Real Mexican Grill
0.05 miles
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Raising Cane's
0.07 miles
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Loco Ono
0.16 miles
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Burger King
0.18 miles
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KFC
0.19 miles
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Super Chix
0.20 miles
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Roberto's Taco Shop
0.21 miles
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Black Bear Diner
0.22 miles
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Little Caesars
0.23 miles
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Ross
0.11 miles
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FoodMaxx
0.21 miles
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Big Lots
0.38 miles
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Burlington
0.76 miles
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TJ Maxx
0.85 miles
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Target
0.91 miles
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Smith's
1.36 miles
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Scolari's
1.39 miles
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Yim's Market
1.57 miles
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Raley's
1.60 miles
Frequently Asked Questions
The space currently listed for sale at Silver State Plaza asks for $26,500,000.
Silver State Plaza totals 155,102 square feet.
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