11 Sierra StReno, NV 89501

For Sale
$7,750,000

Iconic Reno theatre; strong tenant, great location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional retail property, a 52,453 square foot theatre located at 11 N Sierra St, Reno, NV 89501, is currently offered for sale at $7,750,000. The property, built in 1999, sits on a 1.416-acre lot (APN: 011-440-01, 011-440-03, & 011-440-04) and is zoned MD-RD. Currently occupied by Century Theatres under a lease expiring November 30, 2024, this single-tenant building benefits from a prime location in Reno's Entertainment District, placing it within easy reach of the city's casinos and business districts. The property's strategic position is further enhanced by its proximity to a substantial daytime workforce of approximately 40,000 individuals and a rapidly expanding residential population. Convenient off-site covered parking is available across West First Street, adding to the property's overall appeal. This presents a unique investment opportunity in a thriving urban core. The property's size and location make it an attractive prospect for a variety of future uses, capitalizing on Reno's dynamic growth.

Highlights

  • 11 N Sierra St., Reno, NV is offered for sale at $7,750,000.
  • Currently leased to Century Theatres, expiring November 30, 2024.
  • Features off-site covered parking across West First Street.
  • Excellent location with 40,000 daytime workers and a growing residential population.
  • Located in Reno's Entertainment District, near casinos and business districts.

Property Details for 11 Sierra St

Property type
Theaters & concert halls, Other retail properties
Square Feet
52,453 SF
Year Built
1999
Lot Size (sq. ft)
61,681 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.524713697868
Longitude
-119.81404115052
11 Sierra St, Reno, Nevada

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11 Sierra St
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