10615 Professional Circle — Lease in Reno, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Reno, NV 89521

Description

Professional Office Space Avilable Class A, two-story office building offers maximum flexibility to accommodate tenant’s needs, floor-to-ceiling windows provide abundant natural light and views of Mt. Rose and the surrounding Sierra Nevada mountains, high visibility signage facing I-580/US-395 and latest in technological services including fiber optics, DSL and T-1 lines.

Market Context

This office in Reno, NV is listed for lease. It has been on the market for 195 days. Compare it against other office listings for lease in Reno, NV — view the full market.

As of Q1 2026, the Reno office market showed a 9.5% vacancy rate, average asking rents near $25.80/SF/yr, rents down 2.1% year over year, and cap rates around 6.4%. Source: multiple brokerage reports, Q1 2026.

Softening rents give tenants room to negotiate on terms.

Office market FAQ

What is the typical cap rate for office in Reno?
About 6.4% as of Q1 2026, per multiple brokerage reports.
Is the Reno office market tightening or softening?
Vacancy is around 9.5%, with asking rents softening year over year (Q1 2026).

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