Office for Lease in Reno, NV
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Reno, NV 89503
Description
Executive Suites for Lease - 176 SF to 2,240 SF Available Conveniently located at 71 Washington Street, just steps from the Truckee River, The River District and vibrant Downtown Reno. Our Executive Suites feature a welcoming shared reception and conference room, large windows that fill the space with natural light and abundant parking. Walking distance to restaurants, cafes and retail amenities in the heart of Downtown Reno.
Market Context
This office in Reno, NV is listed for lease. It has been on the market for 148 days. Compare it against other office listings for lease in Reno, NV — <a href="/search/lease/office/nevada/reno">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$5.43/SF/mo – $7.35/SF/mo
Mid: $6.39/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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