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Reno, Nevada

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Alliance
Last Updated: 10-Nov-2010		 Market Overview
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Market Research

* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 19.80 $ 24.00 $ 21.90 23.0% N/A
Class B (Secondary) $ 12.00 $ 19.40 $ 14.70 20.0% N/A
 
Suburban Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 19.80 $ 24.00 $ 21.90 17.0% N/A
Class B (Secondary) $ 12.00 $ 17.40 $ 14.70 21.0% N/A
 
Industrial
Bulk Warehouse $ 2.40 $ 3.96 $ 3.00 15.7% N/A
Manufacturing $ 2.88 $ 4.00 $ 3.75 6.2% N/A
High Tech / R&D $ 6.00 $ 10.80 $ 8.70 3.0% N/A
 
Retail
Downtown $ 10.80 $ 27.00 $ 18.00 N/A N/A
Neigborhood Service Centers $ 12.00 $ 27.00 $ 20.40 17.1% N/A
Sub Regional Centers $ 12.00 $ 30.00 $ 20.40 N/A N/A
Regional Malls N/A N/A N/A N/A N/A

Development Land Low () High ()
Office in CBD $ 479,160 $ 1,437,480
Land in Office Parks $ 261,360 $ 871,200
Land in Industrial Parks $ 87,120 $ 261,800
Office/Industrial Land - Non-park $ 43,560 $ 217,800
Retail/Commercial Land $ 108,900 $ 1,089,025
Residential N/A N/A

 

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