DCG Represents Buyer and Seller in 10,880 Square foot South Reno Flex Space

DCG Represents Buyer and Seller in 10,880 Square foot South Reno Flex Space

DCG’s Tom Fennell, CCIM, and Nick Knecht represented the sellers of 9736 South Virginia Street in their disposition of Suites F and G on October 26th, 2021. DCG’s Matt DeRicco, Chris Shanks, CCIM, and Corinna White represented the California-based buyer in their 1031 exchange. 

Located in the heart of the South Meadows submarket, the 10,880 square feet of flex space was sold for $2,100,000 and is currently occupied by Ollie Pets. The in-place cap rate was 6.18%.