960 Caughlin Crossing Medical Office — Sale in Reno, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Reno, NV 89519

Photos

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Investment Figures

Cap rate
5.81%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This Class “A” Medical Office Building is located at Caughlin Crossing, at the gateway to the Caughlin Ranch and Eaglesnest communities, which provide some of the highest income demographics for the entire Reno-Sparks MSA. The median home price in the one-mile radius of the property is $795,130. The average household income in the one-mile radius of the property is $183,070. The building sits on just over one-half acre and is part of the Caughlin Ranch master planned community and part of the owners’ association. There are acres and acres of greenbelts with walking trails, creeks, duck ponds, a full service tennis and athletic club and other professional office buildings servicing the community. Investment Highlights: • A Five-Year Absolute Net Lease with Zero Landlord Responsibility • Two Percent (2.0%) Annual Base Rental Increases as An Inflation Hedge • Located at the Gateway to Caughlin Ranch, Reno's Premier Master Planned Upscale Community

Market Context

This office in Reno, NV is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale 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, and rents down 2.1% year over year. Source: multiple brokerage reports, Q1 2026.

Softening rents give buyers room to negotiate on terms.

Office market FAQ

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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