Corporate Pointe - office in Reno, NV
Office

Corporate Pointe

corporate pointe, reno, NV 89502

Price

Price on request

Price/Sq Ft

$3.00

Description

Professional Office Space Available Class A Multi-Tenant Office Building located in the heart of Meadowood Submarket at the corner of South Virginia Street and McCarran Boulevard. Excellent signage and freeway visibility, close proximity to retail amenities and public transportation. This building is under new ownership and management and will offer generous tenant improvement packages. Building has upscale finishes throughout.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

corporate pointe, reno, NV 89502

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q4 2023, the Reno office market showed rents up 4.4% year over year. Source: multiple brokerages Q4 2023 market report.

Projected current pricing

low confidence
Projected asking rent
$25.80/SF/yr
Estimated sale value
$182–$237/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 curated:Kidder Mathews Reno Of data (cap rate 6.4%, asking rent held flat).

View the full Reno Office market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other office listings for lease in Reno, NV to benchmark pricing and space — view the full market.

Unified Estimate

Very Low Confidence
$5.98/SF/mo-$8.08/SF/mo
Mid: $7.03/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.

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 32003

Low Confidence
Q4 '23

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+1.9%
Avg Weekly Wage:$1,378

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population497,200
Median Income$88k↑ 18%
College Educated30.1%↓ 3.3pp
Median Age39.0 yrs
Median Home Value$540k
Unemployment5.1%↑ 1.5pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: office in reno, NV

More Office for Lease in Reno, NV(5)

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Listed by

CBRE System Import