FOR LEASE IRON HORSE SHOPPING CENTER - ANCHOR, ENDCAP, FREESTANDING BUILDING & IN-LINE RETAIL - LOOPNET
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For Lease Iron Horse Shopping Center Anchor, Endcap, Freestanding Building & In-Line Retail Roxanne Stevenson Casey Scott, CCIM Steve Holm, CCIM Senior Vice President Vice President Senior Vice President + 1 775 823 4661 + 1 775 823 6630 + 1 775 823 6633 Roxanne.Stevenson@colliers.com Casey.Scott@colliers.com Steve.Holm@colliers.com NV Lic. S.0015517 NV Lic S.0173901 NV Lic S.0190272
. lv d N. McCarran B ay r a t er W P Property Overview McCarran Blvd. & Prater Way, Sparks, NV Iron Horse Shopping Center is in the epicenter of Sparks surrounded by national retailers and newly constructed multifamily developments. Ironhorse is a high-quality grocery-anchored shopping center with strong co- anchors. Notable tenants include Tractor Supply Co., Harbor Freight Tools, Firehouse Subs, Roberto’s Taco Shop, and Starbucks.
Property Features • Lease opportunities in a new multi-tenant building, junior anchor endcap, line shop or 50,861 SF anchor space • Surrounded by active residential development with over 2,000 multifamily units delivered or under construction • In close proximity to Interstate 80 on/off ramps • Recent improvements including landscaping, parking lot, and pylon signage • Competitive rent and terms for qualified tenants Available 4/1/2023
Site Plan 651 Available ±50,861 SF 663 667 669 671 673 587 589 F D 551 675 549 543 C 539 677 531 529 527 523 521 517 533 . an Blvd 679 G 683 B A H McCarr I J K L M N Prater Way Bldg. Unit Tenant SF Bldg. Unit Tenant SF Bldg. Unit Tenant SF A 495 Harbor Freight Tools 16,016 B 549 Paycheck Advance 1,625 G 675 Super Chix 2,500 A 500 Available 50,861 B 551 Available 2,000 G 677 Available 967 A 505 Tractor Supply Co. 37,105 C - Food Maxx 47,404 G 679 Roberto’s Taco Shop 1,780 B 517 Pizza Plus 3,000 D 589 Available 3,290 G 683 Starbucks Coffee 1,900 B 521 Pizza Plus 1,576 Family Dollar - H 685 Applebee’s 6,586 D 587 10,288 Available 4/1/2022 B 523 PeopleReady 2,240 I 685-101 Ijji Sushi 5,000 F 663 Loco Ono 1,424 B 527 Instant Hair & Nails 1,280 I 685-103 Western Dental 5,000 F 667 Metro PCS 1,251 B 529 Available 1,200 J 655 Jack-in-the-Box 3,008 F 669 Adam & Eve Hair & Nails 735 B 531 Dotty’s 1,573 K 615 Sizzler Steakhouse 7,083 F 671 uBreakIFix 660 B 533 Dotty’s 3,078 L 593 Firehouse Subs 3,200 F 673 Jackson Hewitt 758 B 539 Available 2,330 M 591 El Pollo Loco 3,500 E 651 Tico’s Auto 2,500 B 543 La Michoacana 3,000 N N345 O’Reilly Auto Parts 4,950
Iron Horse Shopping Center • Main and main location on North McCarran Boulevard, one of the • Over the past twelve months, average monthly visits were 228,000 main travel thoroughfares for the area with exposure to 46,000+ vs. 203,000 Pre-Covid vehicles daily • Other traffic generators on the intersection include Ross, Big Five, • Easy access including five points of ingress/egress and a signalized CVS, Planet Fitness, Dollar Tree, Raising Cane’s, Taco Bell, Wendy’s intersection and McDonald’s • Strong daily needs tenants including FoodMaxx, Tractor Supply • Pylon signage along both North McCarran Boulevard and Prater and Harbor Freight with 90% of tenants deemed “essential” Way DT 0A Available ,00 ±50,861 SF 30 . lvd nB Available 4/1/2022 rra Ca Mc N. DT 00 A 18,2 ay ater W E. Pr T 0 AD 18,20 22 ,3 00 A DT
Location Spanish Springs Demographics & Traffic Counts 1 mile 3 mile 5 mile Located in one of the densest neighborhoods in Sparks with more than North 90,000 people living Valleys 2021 Population 20,102 91,021 223,029 within a three-mile radius Daytime Population 18,366 101,319 239,812 Average Household Income $68,330 $72,654 $69,960 Total Households 7,694 32,746 81,080 University of Nevada, Reno SITE 2020 Traffic Counts - NDOT Sparks East Prater Way: 13,500 ADT Downtown Reno North McCarran Blvd.: 27,200 ADT I-80, Between Exit 18 and Exit 19 : 86,500 ADT Midtown Reno-Tahoe 3 Mile Household & Population International Airport Race White Population Hispanic Population Other Race Population Asian Population Population of two or more races Black Population American Indian Population Pacific Islander Population
Why Reno/Sparks Economic Market Overview Area Growth Generators The Reno/Sparks MSA has evolved over the years and while tourism, gaming, and hospitality are still staples of the local economy, Reno is emerging as a tech hub and pioneer in new technology and clean energy. Apple’s $1.0B data center is continuing to expand and is poised to be powered 100% by renewable energy sources. Tesla’s Gigafactory $10.0B announcement opened the floodgates after Apple’s investment in the region, forging the way for Google and Switch to follow. These large announcements were also influenced by the existing presence of Intuit, Microsoft, Amazon, Ebay and others. Recently Flirtey, Clear Capital, Zulily, Thrive Market, Blockchain, and Deantronics have entered the market, bringing tremendous job growth. Projected Growth: Per the Economic Development Agency of Western Nevada (EDAWN), since Tesla’s announcement, actual population and job growth have outpaced initial projections. An additional 9,000 homes per year are needed in the region to keep up with growth (EDAWN). How Reno/Sparks Ranks Nationally #4 Ranked in Growth Entrepreneurship #41 in Entertainment and Recreation #1 Startup Activity #4 Amongst America’s “Top 10 Leading Metros” #1 Job Growth #9 of 100 Best Places to Live #7 Best Business Tax Climate #33 Best Places to Live in America Best Named America’s Best Small City #39 2019’s Best Large Cities to Start a Business Largest Per-Capita Industrial Space in the Country #8 State for Energy and Internet Access #11 Best Performing Large Cities #3 State for Short-Term Fiscal Stability #4 State for Economic Growth #8 State for Overall Economy 25 of America’s Best Towns Ever #6 State for Business Environment
Colliers 5520 Kietzke Lane, Suite 300 Reno, Nevada 89511 P: +1 775 823 9666 F: +1 775 823 4699 colliers.com/reno Roxanne Stevenson Senior Vice President + 1 775 823 4661 Roxanne.Stevenson@colliers.com NV Lic S.0015517 Casey Scott, CCIM Vice President + 1 775 823 6630 Casey.Scott@colliers.com NV Lic S.0173901 Steve Holm, CCIM This document/email has been prepared by Colliers for advertising and general information only. Colliers makes no guarantees, representations or Senior Vice President warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers excludes unequivocally all inferred or implied + 1 775 823 6633 terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the Steve.Holm@colliers.com copyrighted property of Colliers and /or its licensor(s). © 2022. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. NV Lic S.0190272
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