DCG Principal Tom Fennell, SIOR, CCIM, and Vice President of Retail Gary Tremaine represented the seller in the disposition of 4045 South Virginia Street. Previously a retail bank branch and office, the 8,200-square-foot building sold for $2,750,000. DCG conducted a competitive call for offers process, attracting multiple bidders and securing a final sales price nearly 10% above the original asking price.
Situated on a 1.146-acre parcel in Central Reno, the freestanding mixed-use building is located on South Virginia Street, Reno’s primary arterial road. The property is located across the street from the Reno Convention Center and the Atlantis Resort/Casino. Zoned for mixed-use urban purposes, this versatile space is suitable for both office and retail and features multiple drive-thru lanes.