Office for Lease in Reno, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Reno, NV 89502

Description

Two Story Multi-Tenant Office Building Two-story multi-tenant office building centrally located in the Airport submarket. Can accommodate a wide variety of tenants. Plenty of parking available.

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

$5.24/SF/mo – $7.08/SF/mo

Mid: $6.16/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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