Office for Lease in Sparks, NV
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Sparks, NV 89441
Description
1,521 SF Office Suites for Lease Located in the Spanish Springs Business Center,150 Isidor Court offers convenient access to Pyramid Highway. Spanish Springs is among the fastest-growing residential submarkets in Northern Nevada. This location is surrounded by major industrial facilities and emerging residential communities. This office space is ideal for residents of Spanish Springs seeking a short commute.
Market Context
This office in Sparks, NV is listed for lease. It has been on the market for 148 days. Compare it against other office listings for lease in Sparks, NV — <a href="/search/lease/office/nevada/sparks">view the full market</a>.
As of Q1 2026, the Reno office market showed a 9.5% vacancy rate, average asking rents near $25.80/SF/yr, rents down 2.1% year over year, and cap rates around 6.4%. Source: Consensus Q1 2026 market report.
Softening rents give tenants room to negotiate on terms.
Office market FAQ
- What is the typical cap rate for office in Reno?
- About 6.4% as of Q1 2026, per Consensus.
- Is the Reno office market tightening or softening?
- Vacancy is around 9.5%, with asking rents softening year over year (Q1 2026).
Unified Estimate
Very Low Confidence$5.31/SF/mo – $7.19/SF/mo
Mid: $6.25/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market providence (similarity: 100%) with 3 comparable listings.
Contact
- Leahna Chapman · 775 823 6937 · leahna.chapman@cbre.com
- Matt Grimes · +775 3566290 · matt.grimes@cbre.com
- David Woods · 775 321 4459 · david.woods@cbre.com
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