THE COMMONS FOR LEASE - LOOPNET

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THE COMMONS FOR LEASE - LOOPNET
For Lease
The Commons
Reno, Nevada
South Virginia Street at Sierra
Center Parkway & I-580

Roxanne Stevenson                Matthew Melendres
Senior Vice President            Client Services Coordinator
+1 775 823 4661                  + 1 775 823 4664
Roxanne.Stevenson@colliers.com   Matthew.Melendres@colliers.com
NV Lic S.0015517                 NV Lic BS.0146027
THE COMMONS FOR LEASE - LOOPNET
Firecreek Shopping Center

                                                          Reno Sparks
                                                        Convention Center

                                                                                                                        Smithridge Plaza

 McCarran Boulevard                                                                                                        McCarran Boulevard

                                                                            So
                                                                                                                                 Meadowood Mall

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                                                        NevDex

                                                                                                23
                                               Lane

                                                       Office Park

                                                                                                   ,9
                                                                                                      00
                                                                                                     AD
                                                                                                            Neil Road

                                                                                                        T
                            The Village at
                            Rancharrrah
                      Neil Road

About the Center
The Commons is a 152,000 square foot, Class “A”                                            The Commons
Retail Center located in the heart of Reno’s primary
retail corridor. The center is anchored by DSW Shoes,
PetSmart, Guitar Center, David’s Bridal, Total Wine, 5.11
Tactical and more. An average of 23,900 vehicles drive by
on South Virginia Street each day.
THE COMMONS FOR LEASE - LOOPNET
Co-tenants include: Starbucks, California State Automobile Association, Kenny
G Jewelers, Jenny Craig, Massage Envy, Mattress Firm, Eyemart Express Sweet
                                                                                        Property
Frog Frozen Yogurt, Great Clips, Amazing Lash and Tacos El Rey.                         Features

• Bordered by I-580 to the west providing excellent     • Strong daytime population of 61,563 workers within
  visibility and signage potential.                       3 miles.
• Fully signalized intersection and 1/4 block from      • An average of 23,900 vehicles per day on South
  freeway on/off ramps at Neil Road.                      Virginia Street and 115,000 vehicles per day on I-580.
• Population within a 3-mile radius is 69,393 with a    • Rancharrah, just ½ mile to the west, is a 141-acre
  median household income                                 master planned community that includes office,
  of $54,487.                                             retail, restaurants, 600+ new homes, exclusive home
                                                          lots, and 146 active senior units
THE COMMONS FOR LEASE - LOOPNET
Site Plan
                                                                                                                   Tenants
                                                                                                                    1-3         Sushi Minato

                                                                                                                    4           UBREAKIFIX

                                                                                                                    5          JP Dental Care
                                                                                                                               California State
                                                                                                                    6      Automobile Association
                                                                                                                                    (CSAA)
                                                                                                                    7-9        Massage Envy

                                                                                                                    10           Starbucks

                                                                                                                    11         Amazing Lash
                                                                                                                             Sweet Frog Frozen
                                                                                                                    12
                                                                                                                                  Yogurt
                                                                                                                    13        Kenny G Jewelry

                                                                                                                    14        Eyemart Express

                                                                                                                    15           Great Clips

                                                                                                                    16           Wrap It Up

                                                                                                                    17          Tacos El Rey
                                                                                                           23 24
                                                                                                   21 22
                                                                                          18 19 20                  18           Jenny Craig
                                                                                  16 17
                                                                            14 15
                                                                    12 13                                           19           Good Feet
                                                            10 11
                                                                                                                    20          Ideal Image
                                                                                              AVAILABLE
                   JP De

                                                                                                                            AVAILABLE 7/1/21
                                                                                                                   21-22
                      Care

                                                                                                                                2,423 SF
     2 3
                         ntal

1
                                                                                                                   23-24       Mattress Firm
                                                   Street
                                South   Virginia

                                                                                                                           Amazing
                                                                                                                            Lash
    TACOS EL REY
THE COMMONS FOR LEASE - LOOPNET
Available Suite

Suite 21-22: 2,423 Square Feet

 Suite Entrance Within Center    South Virginia Street View

             Your Sign Here

                                                            Your Sign Here

                                      South Virginia Stre
                                                         et    23,900 ADT
THE COMMONS FOR LEASE - LOOPNET
South Meadows Location                                       Demographics & Traffic Counts
                                                                                                        1 mile              3 mile                  5 mile

                                                              2020 Population                            6,075              69,393                  159,122

                                                              Daytime Population                        17,608              61,563                  159,122

  Firecreek Crossing                                          Median Household Income                   $51,946          $54,487                    $60,697
   Shopping Center
                                                              Total Households                           2,633              28,534                   68,230
                                    Smithridge
                                   Center/Plaza

                                  S McCarran Boulevard
                       Best Buy                                                           2019 Traffic Counts - NDOT
                        Center
                                         Meadowood                           S Virginia Street, 120ft S of Delucchi Lane: 23,900 ADT
                       Hobby Lobby          Mall
                         Center
                                                                                            Market
                                                                             S Virginia Street, 630ft N of Longley Lane: 20,000 ADT
                                                                                                                                                          Households &

                           Whole Foods
                                                                                            Overview
                                                                                I-580, .6 mi S of the Neil Rd Intch.: 115,000 ADT
                             Center
                                                                                                                                              68,767
                                           SITE              6667 S Virginia St, Reno, Nevada, 89511
                                                             3 mile radius                                                                Current total population

                                                             3 Household
                                                                Mi Household             & Population Data
                                                                         & population characteristics

                                                                                                                                               Race
                                                                                                                                              28,291
                                                                                                                                         Current total households

                                                                                                                                                                         Educat
                                                             $54,592               $348,967                 42.9%
                                                             Median household      Median home value       Owner occupied
                                                                  income                                    housing units
                                                                                                                                     16%
                                                                                                                                       White population

                                                  Winners
                                                                                                                                       Black population
                                                                                                                                          No
                                                                                                                                                                             3
                                                                                                                                       American Indian population
                                                                                                                                     high school                             Som
                                                  Crossing
                                                                                                                                       Asian population
                                                                                                                                       diploma
                                                                                                                                                            22%
                                                                37.1                 50.2%                  44.5%                      Pacific islander population
                                                                                                                                                          High  school
                                                                                                                                       Other race population
                                                                Median age          Female population     % Married (age 15                                  graduate
                                                                                                                                       Population of two or more races
                                                                                                              or older)

                                                                          Annual lifestyle spending                                                   Annual househo
THE COMMONS FOR LEASE - LOOPNET
Why Reno?
The Greater Reno-Tahoe's Business and Economic
Climate is Experiencing a Major Boom and the
Ramifications Are Far Reaching
As the announcements of large and recognizable companies that are
moving to the area are publicized, businesses, investors and developers
from all over the country are rushing to jump on the bandwagon.
Companies are finding that the ease of doing business, coupled with
favorable taxes and incentives, is creating an unparalleled motivation for
business leaders to focus on Northern Nevada.

In fact, Nevada was ranked number 1 for inbound moves for 2018
according Atlas Van Lines study. With the area including major cities such
as Reno, Sparks, Carson City, and Incline Village, there is plenty of room
for expansion. With the benefits of Nevada’s low tax on businesses - and a
satisfying quality of life, it’s a wonder why a business or developer would
choose anywhere else. The region’s optimal location to San Francisco,
Portland, Salt Lake City, Las Vegas, and Los Angeles all within a day’s drive
is just another added benefit.

With Nevada having the third most business-friendly tax structures in
the country, it opened up many possibilities for out-of-state companies
to locate facilities here, including Google, Tesla, Switch, Apple, and most
recent newcomer, Blockchain.

            Top 30 Mid-Size                        Top 100 Leading
            Cities | Reno #1                       Locations | Reno #9
            NewGeography.com                       AreaDevelopment.com

            Top 50 Best                            Top 20 Least
            Places to Live                         Expensive Cities to
            Livability.com                         Do Business
                                                   Kosmont-Rose Institute
THE COMMONS FOR LEASE - LOOPNET
The Commons,
Reno, Nevada
                                                                                                                                                                                    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

                                                                                                                                                                Matthew Melendres
                                                                                                                                                               Client Services Coordinator
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees,
representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,                          + 1 775 823 4664
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International
                                                                                                                                                         Matthew.Melendres@colliers.com
excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and
damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2021. All rights reserved.                  NV Lic BS.0146027
THE COMMONS FOR LEASE - LOOPNET THE COMMONS FOR LEASE - LOOPNET
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