Corporate Pointe — Lease in Reno, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Reno, NV 89502

Description

Professional Office Space Available Class A Multi-Tenant Office Building located in the heart of Meadowood Submarket at the corner of South Virginia Street and McCarran Boulevard. Excellent signage and freeway visibility, close proximity to retail amenities and public transportation. This building is under new ownership and management and will offer generous tenant improvement packages. Building has upscale finishes throughout.

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).

Estimated Market Rate

$5.52/SF/mo – $7.46/SF/mo

Mid: $6.49/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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