Office for Lease in Reno, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Reno, NV 89521

Description

18,136 SF Class A Office Available ±53,437 SF Class A Office Building • LEED Gold Certified − LEED certified buildings save money and resources and have a positive impact on the health of occupants, while promoting renewable, clean energy. (http://www.usgbc.org/leed) • Two-story office building • Multiple Tech Labs • Data Center spaces • Significant technology infrastructure • Building signage • Open floor plan • Modern finishes • 1 Back-up generator • Elevator served • Motion sensor lights throughout building • Solar on the roof • Built in 2010

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

$5.54/SF/mo – $7.50/SF/mo

Mid: $6.52/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.

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