±19.92 ACRES MIXED USE ZONED LAND SENECA & N. VIRGINIA, RENO, NV 89506
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1 MIXED USE ZONED LAND SENECA & N. VIRGINIA, STEAD BLVD. Lemmon Valleys Shopping Center Submarket: Per EDAWN s EPIC Report, the North Reno submarket is set to experience growth of ±8,054 people and ±4,932 jobs by Nearly 18,000 residential units currently proposed and/or under construction Commerce Center 1.4MM Marys Gone Crackers, Exxel Outdoors Walmart Supercenter N VIRGINIA LogistiCenter I - 1.2MM Amazon, Lasco Valves LEMMON DR Shopping Center Starbucks
2 INVESTMENT SUMMARY This ±19.92 acre site presents an opportunity for many potential uses in the burgeoning region. The region is home to numerous Fortune 500 companies. Since the announcement of the new Tesla/Panasonic Giga Factory in September of 2014, a multitude of additional notable companies have announced the establishment or expansion of Reno area operations including Koch Business Solutions IT (data, cloud, and cyber security); Ghost Systems and Black Ridge Technologies, both cyber security companies; Immy Inc. a 3D leader in augmented reality and virtual reality imaging; AECOM; Clear Capital; Outdoor Adventure Gear Company; Cascade Designs; Grand Rounds, manufacturer of pioneering healthcare technology; Aqua Metals the world s fi rst clean battery recycling facility; Teleperformance Inc., among others. In total, the Economic Development Authority of Western Nevada is projecting ±50,000 new jobs to the area by 2020, and estimating the need for an additional ±50,000 housing units. View of site facing north, from SEC of Seneca and N. Virginia + Sale Price: $1,920,000 + APN: Size: Acres + Zoning: Mixed Use : (includes residential, warehousing, and distribution uses) + Flood Zone: X (outside of the 100-year fl ood zone) + Water-8, Sewer-12 and Natural Gas to site CONTACT US BRETT EDWARDS brett.edwards@cbre.com
3 FOR SALE PROPERTY FEATURES INVESTMENT HIGHLIGHTS + Located less than ¼ mile from the new major Internet retail facility + Approximately 3 ½ million square feet new construction + ¼ mile to Lemmon Drive/US 395 Intersection (Internet retail facility) + Zoning allows for many potential uses + Gentle topography LOCATION The site is located in North Reno just off US 395 at the Lemmon Drive Exit. Lemmon Drive is less than 10 minutes north of the transcontinental Interstate 80. US 395 goes north to Spokane and US 395 south connects to Los Angeles. Interstate 80 west terminates in San Francisco and east to the Atlantic. MIXED USE ZONED LAND 2-04 ac ac ac ac ac. UNION PAR.A ac STEAD BLVD ac. PAR.C PAR.D P.M ac. POR.PAR.B R.S.2861 POR.PAR.B R.S ac. STEAD SPUR ac ac. N. VIRGINIA STREET PACIFIC U.S. HIGHWAY City of Reno Washoe County ac. PORTIONS OF SECTIONS 7,8 & 17, T20N - R19E RR STA ac ac ( OLD U.S. HIGHWAY 395 ) Not a Part of Horizon Hills Unit No. 2 MOHAWK LN CHIPPEWA AVE ac. ANNEX. T.M DOUBLEBACK RD City ANNEX. TM 4986 ORD. #6189 Washoe County HORIZON HILLS SUB. NO DR SENECA RAILROAD
4 Red Rock Industrial - 2MM PetCo, Arrow Electronics, Pentair, Almo, NBF Stead Industrial 14MM Urban Outfitters, Turn 14, Fosdick, Michelin, DDS, General Motors, Numark, Legend Valve, BizChair.com, Cardinal Health, Firestone, Burrows Paper Reno Stead Airport Sage Point Business Park - 1.5MM UPS Logistics, Sherwin Williams, Genco, Tagg Logistics, Volvo, Bender, Quality Bicycle Parts, Cascade Designs, Barrier Safe Solutions STEAD BLVD Commerce Center 1.4MM Marys Gone Crackers, Exxel Outdoors Walmart Supercenter Lemmon Valleys Shopping Center LogistiCenter II - 1.6MM Marmot LEMMON DR Shopping Center Starbucks N VIRGINIA North Hills Shopping Center IA LogistiCenter I - 1.2MM Amazon, Lasco Valves
5 NEW EMPLOYERS & RESIDENTIAL PROJECTS IN THE NORTH VALLEYS SUBMARKET 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verifi ed it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners
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