office dominic brunetti, ccim · 2020. 8. 14. · dominic brunetti, ccim 775.850.3109 office...
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333 Holcomb Ave., | Ste. 300 Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com
775.850.3117 OFFICE 775.250.6600 [email protected]# B.1001434
TOM FENNELL, CCIM
DOMINIC BRUNETTI, CCIM
775.850.3100 OFFICE775.240.1192 [email protected]# S.58419
SCOTT SHANKS, SIOR
775.850.3102 OFFICE775.846.1019 [email protected]
DOMINIC BRUNETTI, CCIM
775.850.3109 OFFICE775.240.1192 [email protected]
LINDY DELLER
775.850.3116 OFFICE775.378.8456 [email protected]
F O R SALE
BUILDING SIZE | 39,345 SFLAND SIZE | 3.483 AC
PRICE | $4,095,000($105 per sq. ft.)
APN | 012-401-30
1285FINANCIAL BLVDRENO, NV 89502
OFFICE 360TOUR
CLICK HEREFLEX
SCOTT SHANKS, SIOR775.850.3102 OFFICE [email protected] # S.66593
https://kuula.co/share/7H63t/collection/7Pmh8?fs=1&vr=1&initload=0&thumbs=1&chromeless=1&logo=1&logosize=160mailto:[email protected]
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PROPERTY MAP
PROPERTY LOCATION● South Reno Location off of Double R and Reno Corporate
Drive
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SUBJECT PROPERTY
PROPERTY HIGHLIGHTS● Well maintained, former IT and call center
occupied by major hospital. ● Above-market parking ratio● Loading area with 2 grade level doors ● Roof replacement being planned by owner in fall
2020.
Equity Ave
Financial Blvd
Wall St
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SUITE 101
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Equity
Ave Financial Blvd
155 DESIGN PLACE SPARKS, NV 89441
AREA MAP LOCATION HIGHLIGHTS● Located in the heart of the Airport Submarket,
nearby corporate names include Dermody Properties, Hamilton Robotics, Truckee Meadows Community College, the Bureau of Land Management and the University of Nevada.
● Easy access to both freeways, main arterial roads including McCarran Blvd, and the newly constructed South East Connector.
SUBJECT PROPERTY
Wall St
N
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SUITE 101
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PLANFLOOR
1ST FLOOR 10,073 SF
333 Holcomb Ave., | Ste. 300 Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com
2ND FLOOR 2,945 SF
360TOUR
5470 RENO CORPORATE DR
Click on the people below to view
FOR SALEPLANSITE
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PLANFLOOR
333 Holcomb Ave., | Ste. 300 Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com
LOADING
Click on the people below to view space
LOADING
360TOUR FINANCIAL BLVD
RENO, NV 89502
333 Holcomb Ave., | Ste. 300 Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com
1285360TOUR
CLICK HERE
https://kuula.co/share/7H63t/collection/7Pmh8?fs=1&vr=1&initload=0&thumbs=1&chromeless=1&logo=1&logosize=160
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Business-Friendly● RANKED IN TOP 10 STATES FOR BEST BUSINESS
TAX CLIMATE.● RANKED IN TOP 10 STATES FOR BUSINESS
INCENTIVES.
$
Technology Infrastructure● MAJOR DATA CENTERS: SWITCH, APPLE, EBAY,
RACKSPACE.● RESEARCH COLLABORATION.● HOME TO MICROSOFT, INTUIT, SIERRA NEVADA CORP.● "SUPER-LOOP" FIBER NETWORK IN PROGRESS.
Real Estate, Land, Resources● AFFORDABLE LARGE-SCALE REAL ESTATE AND
WATER AVAILABLE.● LARGE INDUSTRIAL SPACE.● (TESLA GIGAFACTORY IN THE TAHOE RENO
INDUSTRIAL CENTER).
Transportation● LESS THAN 1-DAY TRUCK SERVICE TO > 60 M
CUSTOMERS, 8 STATES, 5 MAJOR PORTS.● 2-DAY TRUCK SERVICE TO 11 STATES.
Tax Advantages● NO CORPORATE TAX● NO PERSONAL INCOME TAX● NO INVENTORY TAX● NO FRANCHISE TAX● NO SPECIAL INTANGIBLE TAX
Tier 1 University● UNIVERSITY OF NEVADA RENO, MORE THAN
20,000 STUDENTS● R1 - UNIVERSITY FOR RESEARCH BY CARNEGIE
CLASSIFICATIONS
Workforce Development● MEETING THE CHANGING NEEDS OF INDUSTRY
THROUGH HIGHER EDUCATION, NEW COLLEGE TECHNICAL PROGRAMS, INDUSTRY CERTIFICATIONS, STEAM PROGRAMS, AND ATTRACTING TALENT TO THE REGION.
Economic Development Authority of Western Nevada (EDAWN), www.edawn.org
THE NEW NEVADAGrow Your Business Here..
Greater Reno-Sparks● 100 COMPANIES HAVE RELOCATED HERE IN 3 YEARS.● COST OF LIVING .9% LOWER THAN NATIONAL AVG.● RANKED IN TOP 100 PLACES TO LIVE.● RANKED IN 35 BEST CITIES FOR MILLENNIALS TO WORK.● AVERAGE COMMUTE 22 MIN.
Entrepreneurial Ecosystem● RANKED AS ONE OF THE 14 BEST STARTUP
CITIES IN AMERICA.● SUPPORT FOR ENTREPRENEURS FROM
EDUCATION, MENTORSHIP AND FUNDING.● HOME TO SWITCH, FILAMENT, FLIRTEY,
BOMBORA, IRIS AUTOMATION, CLICKBIO, MY-VR AND MANY MORE
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Economic Development Authority of Western Nevada (EDAWN), www.edawn.org
RENO NV BAY AREA CA
Office lease rates (Class A) Reno $30-39 San Jose $60-$66
San Francisco $78-$84
State Corporate Income Tax NO 8.84%
State Income Tax NO < 13.3%
Capital Gains Tax NO < 13.3%
Unemployment tax 0.3%-5.4% 1.5%-6.2%
Average hourly earnings (software
developer/programmer) $43.09 $64.97
Workman’s comp Average cost
(per $100 payroll)-$1.18 Payroll cap $36,000
Average cost (per $100 payroll)-$2.87
Payroll cap NA
Utility (elec.) rates for medium size office $.078/kWh San Francisco $.157/kWh
Right-to-work state YES NO
Sources:
NV
$1/2The PriceOf Bay Area
GROWING TECHNOLOGY ECOSYSTEM Home to Tesla, Apple, Google, Microsoft, Intuit, Switch, Clear Capital, Figure Technologies, rfxcel, Alchemy/Workday, Bombora, Sierra Nevada Corp.
2019 Highlighted By Technology Sector and Corporate Headquarters GrowthCLICK HERE
MORE ADVANTAGES Fintech development: Nevada Sandbox Program Data latency Reno-Las Vegas-Los Angeles-Bay Area < 7ms Home to the University of Nevada, Reno - Ranked Tier 1 and Carnegie R1
WORK-LIFE Reno cost of living 40% less than Bay Area Reno average commute time 15 minutes 3-hour drive to Bay Area 45 minutes to Lake Tahoe and ski resorts
HELPFUL LINKS Business advantages CLICK HERE
Nevada 2020 video CLICK HERE
Nevada Sandbox Program CLICK HERE
Minutes toLake Tahoe
WHY RENO
Business Cost Comparisons
2019 Highlighted By Technology Sector and Corporate Headquarters Growth
https://www.edawn.org/media-pr/2019-highlighted-by-technology-sector-and-corporate-headquarters-growth-in-greater-reno-sparks/http://www.edawn.org/site-selector/business-relocation-advantages/https://vimeo.com/388326070http://business.nv.gov/Programs/Nevada_Sandbox_Program/#contenthttps://www.edawn.org/media-pr/2019-highlighted-by-technology-sector-and-corporate-headquarters-growth-in-greater-reno-sparks/https://www.edawn.org/media-pr/2019-highlighted-by-technology-sector-and-corporate-headquarters-growth-in-greater-reno-sparks/
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WHY RENO?
#25"25 of America’s best towns ever" According to Outside Magazine, a popular publication focused on the outdoors, January 2020
“Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019”According to Forbes Lists, October 2019
#2 & #11
“Reno the #2 market for companies relocating from California after Austin, Texas.” According to Bureau of Labor Statistics, January 2019
#2
“Nevada tops nation for inbound movers”According to Reno Gazzette Journal, January 2019#1
Reno moved up 26 spots to #11 on the Milken Institute’s annual list of “best- performing cities. According to Venture Beat, January 2019
#11
“Nevada ranked #3 for year-over-year personal income growth in the U.S.”According to CarsonNow.org, January 2019
#3
#2Among the top 100 metros in the nation for families looking to buy a house, according to financial technology firm SmartAsset, August 2019
Nevada remained in the top 15 for the last six years, This year, it skyrocketed to #4. According to Fox Business, December 2019
#4
#33Reno, NV ranked #33 on its 2018 Best Places to Live in the United States. According to U.S. News & World Report
https://www.outsideonline.com/
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ICONIC COMPANIES IN RENO SPARKS
In June 2014, Tesla broke ground on its $5 billion, 10 million-square-foot Gigafactory, which is being built in phases. It manufactures lithium-ion batteries, as well as Model 3 battery packs and drive units. As of February 2017, the Tesla Gigafactory had almost 1,000 permanent employees. When completed in 2020, the Gigafactory will be the largest manufacturing facility in the world and is forecasted to employee more than 10,000 people, up from initial estimates of 6,500.
In November 2016, Switch opened the largest, most advanced data center campus in the world on 2,000 acres in the Tahoe Reno Industrial Center next to the Tesla Gigafactory. It is the first of eight planned data centers to be built at TRIC. The facility is powered 100-percent by renewable energy. Switch has connected Reno, Las Vegas, San Francisco, and Los Angeles via a SUPERLOOP which allows data to be transported between hubs in just milliseconds. eBay is an anchor tenant.
In April 2017 Google/Alphabet acquired 1,210 acres in The Tahoe Reno Industrial Center a few miles south from Tesla’s Gigafactory. The land will reportedly house a future data center and could also host a testing track for Waymo, the Alphabet-owned autonomous driving company. Nevada is pursuing legislation that would pave the way for driverless taxis.
Apple’s initial $100 million data center at the Reno Technology Park east of Sparks is fully utilized. In May 2017, Apple announced it would invest another $1 billion into the data campus. Part of the addition will include a $4 million, 27,000 square-foot warehouse for shipping and receiving to be built on a vacant lot in downtown Reno.
ICONIC COMPANIES IN RENO SPARKS
In June 2014, Tesla broke ground on its $5 billion, 10 million-square-foot Gigafactory, which is being built in phases. It manufactures lithium-ion batteries, as well as Model 3 battery packs and drive units. As of February 2017, the Tesla Gigafactory had almost 1,000 permanent employees. When completed in 2020, the Gigafactory will be the largest manufacturing facility in the world and is forecasted to employee more than 10,000 people, up from initial estimates of 6,500.
In November 2016, Switch opened the largest, most advanced data center campus in the world on 2,000 acres in the Tahoe Reno Industrial Center next to the Tesla Gigafactory. It is the first of eight planned data centers to be built at TRIC. The facility is powered 100-percent by renewable energy. Switch has connected Reno, Las Vegas, San Francisco, and Los Angeles via a SUPERLOOP which allows data to be transported between hubs in just milliseconds. eBay is an anchor tenant.
In April 2017 Google/Alphabet acquired 1,210 acres in The Tahoe Reno Industrial Center a few miles south from Tesla’s Gigafactory. The land will reportedly house a future data center and could also host a testing track for Waymo, the Alphabet-owned autonomous driving company. Nevada is pursuing legislation that would pave the way for driverless taxis.
Apple’s initial $100 million data center at the Reno Technology Park east of Sparks is fully utilized. In May 2017, Apple announced it would invest another $1 billion into the data campus. Part of the addition will include a $4 million, 27,000 square-foot warehouse for shipping and receiving to be built on a vacant lot in downtown Reno.