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Renting Retail Space in Meadowood

This submarket remains Reno’s premier destination for Class A office space and high-end professional services. As of Q1 2026, the area maintains a stable vacancy rate near 7.3%, significantly outperforming national averages as local firms favor newer, amenity-rich builds over aging downtown inventory. The neighborhood’s proximity to affluent residential zones and executive housing has kept asking rents on an upward trajectory, currently averaging over $25.00 per square foot. While new construction has slowed due to elevated interest rates, the South Meadows corridor remains the primary target for medical office and "lifestyle-oriented" commercial developments that integrate with the area's parks and trails. (Source: Kidder Mathews / Reno Office Market Report Q4 2025)

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Suite Rates in Meadowood

Suite Sizes in Meadowood

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
Airport Area, Reno 1,900 $1.02 / SF 35
Carson City 1,700 $1.20 / SF 44
Convention Center, Reno 1,800 $1.23 / SF 39
Downtown Reno 5,600 $2.24 / SF < 30
Meadowood 2,400 $1.38 / SF < 30
Midtown District 1,700 $1.38 / SF 91
Mira Loma 1,300 $16.50 / SF < 30
North Valleys 1,900 $1.23 / SF 85
Riverwalk District, Reno 3,700 $2.69 / SF < 30
Spanish Springs 2,800 $1.49 / SF < 30
Sparks 1,300 $1.36 / SF < 30
Tahoe Reno Industrial Center 1,800 $1.31 / SF 77
West University, Reno 1,200 $2.12 / SF < 30
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.