5405 Mae Anne Ave — Lease in Reno, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Reno, NV 89523

Description

Office For Lease | 7,289 SF For Sale | Building Size: 19,286 SF For Lease:Professional office space available for lease at 5405 Mae Anne Avenue in Northwest Reno. Part of a 19,286 SF freestanding building on ±1.72 acres, this recently improved eastern wing Key Facts For Lease | Suite 101 | ±7,289 SF: Call for pricing. Can be combined with suite 100. For Sale | East Wing | ±19,286 SF: $4,146,490 ($228.14/SF) For Lease | Suite 100 | ±11,997 SF: Can be combined with suite 101. Melissa Molyneaux Executive Vice President Reno License #: NV-BS.0144599.LLC +1 775 823 4674 Call Now +1 775 823 4674 +1 775-762-7990 Call Mobile +1 775-762-7990 License #: NV-BS.0144599.LLC Jason Hallahan Associate Reno License #: S.0200644 +1 775 333 6969 Call Now +1 775 333 6969

Market Context

This office in Reno, NV is listed for lease. It has been on the market for 175 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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