GARY TREMAINE Lic# S.29033 RESTAURANT 775.850.3151 OFFICE 775.745.2060 CELL [email protected] AMANDA BRIERTON & RETAIL Lic# S.181292 775.850.3115 OFFICE 775.386.8499 CELL FOR LEASE [email protected] DOMINIC BRUNETTI, CCIM Lic# S.58419 775.850.3109 OFFICE THE TOWERS AT PINK HILL 775.240.1192 CELL 1385 NORTH VIRGINIA STREET [email protected] RENO, NV 89503 SCOTT SHANKS, SIOR Lic# S.66593 775.850.3102 OFFICE 775.843.1019 CELL SPACE AVAILABLE | 1,954 SF - 4,111 SF [email protected]
LEASE RATE | $3.00/SF/MONTH
LEASE TYPE | NNN
Ground Floor General Retail & Restaurant Space with Grease Interceptor available for lease.
333 Holcomb Ave., Ste. 300 | Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com ABOUT THE PROPERTY THE TOWERS AT PINK HILL
Walk Score - 66 Primary Traffic Counts (24 hrs.)
LOCATION HIGHLIGHTS WALKABLE Virginia Street - 15,000 ● Retail & Restaurant Space available for lease, Units in ¼ Mile radius - 425 directly across the street from University Of Nevada,
Reno with over 21,000 enrolled students 1 Mile 2 Miles 3 Miles ● 3 floors of student housing located in floors above, 23 units for 53 students Population 16,215 62,208 121,231 ● Frontage on Virginia Street and half a mile from Pop. Growth Projection Interstate 80 1.20% 1.03% 0.98% 2018-2023 ● Within walking distance to E.L. Wiegand Fitness Center, Lawlor Events Center, Nightingale Concert Households 6,571 26,526 49,703 Hall and so much more! Average Household Income $31,572 $33,727 $37,289 PROPERTY DETAILS THE TOWERS AT PINK HILL
Tenant Tenant Space 1 Space 2 1,954 SF 2,157 SF
RETAIL & RESTAURANT SPACE AVAILABLE GENERAL RETAIL AND RESTAURANT SPACE | 1,954 - 4,111 SF LEASE RATE | $3.00 PSF LEASE TYPE | NNN
PARKING | 19 ON-SITE PARKING SPACES ZONING | MUUN - MIXED USE UNR GREASE INTERCEPTOR IN PLACE AREA MAP THE TOWERS AT PINK HILL
2 1 3 5 SUBJECT 14 N SIERRA ST PROPERTY
6 6 8 4 EVANS AVE SUBJECT 1 PROPERTY 7 9 10 13 15 11 12
N VIRGINIA ST
14
RENO Aquamarine Dr. DOWNTOWN N
UNIVERSITY OF NEVADA, RENO MAP 1. FLEISCHMAN PLANETARIUM 5. LOMBARDI RECREATION CENTER 9. NATIONAL JUDICIAL COLLEGE 13. EDMUND J. CAIN HALL 2. MACKAY STADIUM 6. JOE CROWLEY STUDENT UNION 10. CHURCH FINE ARTS 14. PENNINGTON STUDENT 3. LAWLOR EVENT CENTER 7. BRIAN J. WHALEN PARKING COMPLEX 11. UNIVERSITY ARTS BLDG ACHIEVEMENT CENTER 4. E.L. WIEGAND FITNESS CENTER 8. APPLIED RESEARCH FACILITY 12. VIRGINIA STREET GYM 15. NV LIVING LEARNING COMMUNITY EDUCATION IN NORTHERN NEVADA
The University of Nevada, Reno, plays an integral role with developing and maintaining a diverse and professional business economy in the Reno/Sparks/Tahoe area. Located just north of the downtown district, the UNR campus provides 145 undergraduate and 124 graduate programs for one of the more affordable universities in the area. Current students pay 80 percent less than the average Tier 1 Institution, making UNR one of the most affordable and high-quality universities in the West.
The College of Business in particular is one of the strongest assets for the university, offering degree programs ranging from accounting and business administration to information systems and gaming management. The College of Business even offers minor degrees for cyber security and entrepreneurship, both vital assets for professional labor in today’s economy.
The College of Engineering has seen unprecedented growth in its student enrollment, and is attracting top-quality faculty who are engaging students and conducting cutting-edge research. The University of Nevada, Reno has a well-established engineering complex with the Paul Laxalt Mineral Engineering, Paul Laxalt Mineral Research, Palmer Engineering, Scrugham Engineering and Mines, Harry Reid Engineering Laboratory, and Earthquake Engineering Laboratory. The addition of a new 87,000 square foot, state-of-the art Engineering Building will catapult the College of Engineering's research capacity and provide students with the opportunity to work shoulder-to-shoulder with faculty who are solving real-world problems.
Beyond providing a high quality and affordable education for its students, UNR is dedicated to building a genuine sense of community in Northern Nevada. EDUCATION IN NORTHERN NEVADA
73% 80% $800M LESS THAN IN ADVANCED OF ALL GRADUATES 21,657 AVERAGE TIER 1 LABS, RESIDENCE STAY TO LIVE AND RECORD STUDENT INSTITUTION HALLS & FACILITIES WORK IN NEVADA ENROLLMENT COST SINCE 2009
5,100 $1.1 ANNUAL GLOBALLY BILLION ANNUAL TOP TIER BEST VALUE BEST COMPETITIVE ECONOMIC UNIVERSITY COLLEGES COLLEGES GRADUATES IMPACT WORLDWIDE 2018 2018 DEALNORTHERN ROADMAP NEVADA OVERVIEW
Greater Reno-Sparks-Tahoe is the place companies come to increase the bottom line and to grow. Whether to take advantage of a business friendly environment, get closer to customers through strategic location or to enjoy the quality of life, companies like Tesla, Switch, Intuit, Microsoft, Apple, Amazon.com and Urban Outfitters call Northern Nevada home to some of their most critical business functions.
Reno is nestled in the hub of the western region, with a market area of 11 states and 53 million people. The Reno/Tahoe area is a transportation hub serviced by two major highways, I-80 and US 395, railroads, trucking and airline carriers that make it possible to ship from Reno to 80% of the 11 western states on a next-day basis.
FINANCIAL ADVANTAGE
From exemptions to abatements, to deferrals, to the complete absence of taxes, simply operating your business in Greater Reno-Tahoe adds to your bottom line. Nevada was ranked #5 Most Business-Friendly Tax Climate by the Tax Foundation for 2017. BUSINESS ADVANTAGE
Greater Reno-Sparks-Tahoe is the perfect package. A business friendly and tax friendly environment, unmatched quality of life, and a logistics hub make this a great location for many businesses. LIVE & PLAY
The Northern Nevada area isn't just a great place to do business, but it's also a great place for individuals and families to live and play. For those outdoor enthusiasts, Reno-Sparks is the gateway to Lake Tahoe and many other scenic attractions. THE NEW NEVADA Entrepreneurial Ecosystem Grow Your Business Here.. ● RANKED AS ONE OF THE 14 BEST STARTUP CITIES IN AMERICA. ● SUPPORT FOR ENTREPRENEURS FROM EDUCATION, MENTORSHIP AND FUNDING. Greater Reno-Sparks ● HOME TO TRAINERROAD, FILAMENT, FLIRTEY AND BRISTLECONE. ● 100 COMPANIES HAVE RELOCATED HERE IN 3 YEARS.
● COST OF LIVING .9% LOWER THAN NATIONAL AVG. ● RANKED IN TOP 100 PLACES TO LIVE. Transportation ● RANKED IN 35 BEST CITIES FOR MILLENNIALS TO WORK. ● AVERAGE COMMUTE 22 MIN. ● LESS THAN 1-DAY TRUCK SERVICE TO > 60 M CUSTOMERS, 8 STATES, 5 MAJOR PORTS. ● 2-DAY TRUCK SERVICE TO 11 STATES.
Business-Friendly $ ● RANKED IN TOP 10 STATES FOR BEST BUSINESS Tax Advantages TAX CLIMATE. ● NO CORPORATE TAX ● RANKED IN TOP 10 STATES FOR BUSINESS ● NO PERSONAL INCOME TAX INCENTIVES. ● NO INVENTORY TAX ● NO FRANCHISE TAX ● NO SPECIAL INTANGIBLE TAX
Technology Infrastructure
● MAJOR DATA CENTERS: SWITCH, APPLE, EBAY, Tier 1 University RACKSPACE. ● RESEARCH COLLABORATION. ● UNIVERSITY OF NEVADA RENO, MORE THAN ● HOME TO MICROSOFT, INTUIT, SIERRA NEVADA CORP. 20,000 STUDENTS ● "SUPER-LOOP" FIBER NETWORK IN PROGRESS.
Workforce Development Real Estate, Land, Resources ● MEETING THE CHANGING NEEDS OF INDUSTRY ● AFFORDABLE LARGE-SCALE REAL ESTATE AND THROUGH HIGHER EDUCATION, NEW COLLEGE WATER AVAILABLE. TECHNICAL PROGRAMS, INDUSTRY ● LARGE INDUSTRIAL SPACE. CERTIFICATIONS, STEAM PROGRAMS, AND ● (TESLA GIGAFACTORY IN THE TAHOE RENO ATTRACTING TALENT TO THE REGION. INDUSTRIAL CENTER).
Economic Development Authority of Western Nevada (EDAWN), www.edawn.org NORTHERN NEVADA MARKET OVERVIEW RENO | SPARKS MARKET OVERVIEW
HOW DOES NEVADA STACK UP?
According to Resonance’s - bestcities.org "Top 50 #6 America's Small Best Cities of 2018"
According to Livability.com’s “2017 Top 50 Best Cities #48 for Entrepreneurs” selected from over 2,000 cities.
According to Livability.com’s “2016 Top 100 Best #47 Places to live” selected from over 2,000 cities.
According to Chiefexecutive.net’s “2017 Top 50 Best #12 Places to do business.”
Most Business-Friendly Tax Climate by the Tax #5 Foundation for 2017.
The Kauffman Foundation Index ranks Nevada as #1
#1 of 25 in “Highest Startup Activity in 2017” for Smaller States.
The Kauffman Foundation Index ranks Nevada as #4 #4 of 25 in “Growth Entrepreneurship 2017” for Smaller States. ICONIC COMPANIES IN RENO SPARKS ICONIC COMPANIES IN RENO SPARKS
In June 2014, Tesla broke ground on its $5 billion, 10 In June 2014, Tesla broke ground on its $5 billion, 10 million-square-foot Gigafactory, which is being built in phases. It million-square-foot Gigafactory, which is being built in manufactures lithium-ion batteries, as well as Model 3 battery phases. It manufactures lithium-ion batteries, as well as packs and drive units. As of February 2017, the Tesla Gigafactory Model 3 battery packs and drive units. As of February 2017, had almost 1,000 permanent employees. When completed in the Tesla Gigafactory had almost 1,000 permanent 2020, the Gigafactory will be the largest manufacturing facility in employees. When completed in 2020, the Gigafactory will be the world and is forecasted to employee more than 10,000 the largest manufacturing facility in the world and is people, up from initial estimates of 6,500. forecasted to employee more than 10,000 people, up from initial estimates of 6,500.
In November 2016, Switch opened the largest, most advanced In November 2016, Switch opened the largest, most data center campus in the world on 2,000 acres in the Tahoe advanced data center campus in the world on 2,000 acres Reno Industrial Center next to the Tesla Gigafactory. It is the first in the Tahoe Reno Industrial Center next to the Tesla of eight planned data centers to be built at TRIC. The facility is Gigafactory. It is the first of eight planned data centers to powered 100-percent by renewable energy. Switch has be built at TRIC. The facility is powered 100-percent by connected Reno, Las Vegas, San Francisco, and Los Angeles via a renewable energy. Switch has connected Reno, Las Vegas, SUPERLOOP which allows data to be transported between hubs San Francisco, and Los Angeles via a SUPERLOOP which in just milliseconds. eBay is an anchor tenant. allows data to be transported between hubs in just milliseconds. eBay is an anchor tenant.
In April 2017 Google/Alphabet acquired 1,210 acres in The Tahoe In April 2017 Google/Alphabet acquired 1,210 acres in Reno Industrial Center a few miles south from Tesla’s Gigafactory. The Tahoe Reno Industrial Center a few miles south from The land will reportedly house a future data center and could Tesla’s Gigafactory. The land will reportedly house a also host a testing track for Waymo, the Alphabet-owned future data center and could also host a testing track for autonomous driving company. Nevada is pursuing legislation Waymo, the Alphabet-owned autonomous driving that would pave the way for driverless taxis. company. Nevada is pursuing legislation that would pave the way for driverless taxis.
Apple’s initial $100 million data center at the Reno Technology Apple’s initial $100 million data center at the Reno
Park east of Sparks is fully utilized. In May 2017, Apple Technology Park east of Sparks is fully utilized. In May
announced it would invest another $1 billion into the data 2017, Apple announced it would invest another $1 billion campus. Part of the addition will include a $4 million, 27,000 into the data campus. Part of the addition will include a $4 square-foot warehouse for shipping and receiving to be built on million, 27,000 square-foot warehouse for shipping and a vacant lot in downtown Reno. receiving to be built on a vacant lot in downtown Reno.