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Renting Retail Space in Reno
Retail and storefront spaces in Reno are integral to the city’s expanding consumer economy. Lease terms for retail spaces show a strong preference for long-term stability, with 5+ year leases accounting for 37.84% of deals, indicating a strategic commitment to maintaining prime retail locations. Medium-term leases (3-5 years) are also common, representing 8.11% of agreements. High-traffic areas like Midtown and the Riverwalk District are particularly sought after, where businesses benefit from visibility, foot traffic, and accessibility. As Reno’s reputation as a destination for both tourists and new residents grows, retail spaces that offer a blend of community integration and commercial viability will remain in high demand. Businesses ranging from boutique shops to established brands seek visibility and access to both locals and visitors. As Reno’s reputation as a destination for both tourists and new residents grows, retail spaces that offer a blend of community integration and commercial viability will remain in high demand.
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Suite Rates in Reno
Suite Sizes in Reno
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 | 2,000 | $1.38 / SF | < 30 |
| Midtown District | 1,700 | $1.41 / SF | 90 |
| Mira Loma | 1,300 | $16.50 / SF | < 30 |
| North Valleys | 1,900 | $1.23 / SF | 84 |
| 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 | $1.34 / SF | 76 |
| 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.