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188 California Ave 1,810 - 3,621 SF of Retail Space Available in Reno, NV 89509
HIGHLIGHTS
- 188 California Avenue provides a full, ground-floor restaurant suite in turnkey condition on a high traffic corner lot between downtown and midtown.
- Direct frontage provides the property with exposure to more than 10,000 passing vehicles daily, as well as additional strong foot traffic.
- Desirable property features include a hood, grease interceptor, climate-controlled walk-in, an exterior walk-up window, and a large covered patio.
- Supports elevated traffic with signage opportunities and 18 on-site surface parking spaces, with additional street parking nearby.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,810-3,621 SF | Negotiable | $34.20 /SF/YR $2.85 /SF/MO $368.13 /m²/YR $30.68 /m²/MO $10,320 /MO $123,838 /YR | Triple Net (NNN) |
1st Floor
Empower a new restaurant location with the exceptional turnkey, full-service suite at 188 California Avenue in Reno, Nevada. Spanning 3,621 SF, the property is well-equipped with a hood, grease interceptor, and climate-controlled walk-in. An exterior walk-up window is available along the west side of the building, facilitating to-go ordering. A 650 SF enclosed patio along Sierra Street offers additional dining space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Enclosed patio seating
- External to-go window
- On-site parking with 18 spaces and street parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,621 SF | Gross Leasable Area | 7,000 SF |
| Min. Divisible | 1,810 SF | Year Built | 1957 |
| Property Type | Retail | Parking Ratio | 4/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,621 SF |
| Min. Divisible | 1,810 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,000 SF |
| Year Built | 1957 |
| Parking Ratio | 4/1,000 SF |
ABOUT THE PROPERTY
188 California Avenue provides a two-story, mixed-use property with a prime location at the border of Downtown and Midtown Reno. The building measures 7,000 square feet comprising office space on the upper level and a ground floor retail suite. Exceptional placement along California Avenue delivers direct exposure to more than 10,000 vehicles each day. The area also enjoys robust foot traffic, with a walk score of 93. The building is well-equipped to handle the elevated traffic, with 18 on-site parking spaces and additional street parking available along California and Plumas Street.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Plumas St | California Ave, NW | 7,076 | 2022 | 0.01 mi |
| California Ave | Plumas St, W | 8,537 | 2022 | 0.02 mi |
| S Sierra St | California Ave, S | 8,236 | 2022 | 0.04 mi |
| California Ave | S Sierra St, W | 10,342 | 2022 | 0.04 mi |
| Plumas Street | Marsh Ave, N | 8,079 | 2020 | 0.09 mi |
| Plumas St | Marsh Ave, N | 8,161 | 2022 | 0.09 mi |
| California Ave | South Virginia St, NE | 8,015 | 2022 | 0.09 mi |
| S Sierra St | W Liberty St, N | 9,740 | 2022 | 0.10 mi |
| W Liberty St | S Sierra St, E | 8,187 | 2022 | 0.11 mi |
| South Virginia St | Stewart St, NW | 17,744 | 2022 | 0.12 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
Full Commercial Kitchen
Bright Dining Area
Full Bar
Ground Floor Restaurant Suite
High Traffic Retail Location