Commercial Real Estate for Sale in Las Vegas
As a buyer of commercial property you may be looking to relocate a business to northern Nevada, purchase an investment property or add to a portfolio of commercial properties in Las Vegas, acquire land for expansion in Reno, or buy a building to house your existing business in Sparks. Whatever has brought you to the commercial real estate market, Steve Avanzino of Lee & Associates can help you find the right property.
With the rapid population expansion in northern Nevada, most of the commercial office property for sale is at full occupancy with multi-year leases in place, making them very attractive to buyers. Nevada also boasts acres of undeveloped land – often right off of major highways. The land for sale is ideal plots for an investment property, or for relocation or expansion of manufacturing or distribution centers.
Reno and the surrounding areas are particularly well-positioned for commercial property. Transportation of goods and services is highly convenient with both I-80 and SR 580 running through the heart of Reno and out to more rural cities like Minden-Gardnerville. We also have an international airport located in Reno and rail support with major depots in Sparks, Reno, and Fernley. By plane, train or automobile – you will be able to get raw and finished materials in and out efficiently and economically.
In addition to its natural beauty and quality of life, northern Nevada is an incredibly business-friendly state and offers many benefits for commercial buyers. Through the Governor’s Office of Economic Development, Nevada offers many incentives to do business in the state, such as tax abatements on sales tax, personal and modified business taxes, and property taxes, as well as sales and use tax deferral. There are no corporate income, franchise, personal inventory, inheritance or estate taxes. Nevada also supports employee training grants and special abatements for data centers.
Types of Commercial Property for Sale
Expertise in Office, Land, Manufacturing Plants, and Distribution Centers
Steve Avanzino specializes in the sales of office buildings, land, manufacturing plants, and distribution centers in Las Vegas and throughout Nevada. As a former HR and Safety manager, he has first-hand knowledge of the considerations a buyer has when planning the purchase of major property.
For example, with manufacturing and distribution centers, Steve works with clients to determine things like the ideal location, how many import and export bays need to be accessible, are there existing safety measures, like eyewash stations, security gates, or fire suppression? Because of his experience in the manufacturing and distribution industries, Steve is able to look at a commercial property through the eyes of the buyer to ensure an ideal fit.
Steve works with clients who are looking to buy a commercial property, whether as an investment or to house their business. He helps clients assess location based on need and proximity to the workforce, amenities, complementary businesses, and competition.
Working on the commercial leasing side of the business, Steve Avanzino also knows how important a fully occupied building is to a landlord. For those buying an occupied building, Steve will help you evaluate the types of leases in place, including the terms, rent increases, and longevity.
A longtime Nevadan, Steve has seen our area grow tremendously, particularly over the last 10 years with the additions of major companies like Tesla, Apple and Switch moving to the Silver State. However, even with all of this fantastic growth, Nevada still has plenty of land for sale. Nevada’s land is in high demand as more companies with the need for large physical footprints (such as data centers, distribution centers, manufacturing plants, etc.) move to the area. Steve can help developers assess acreage, the likelihood of growth in that area, proximity to major transportation, and planned or existing nearby residential communities.
Location, Location, Location
The lifestyle, beauty, and business potential of Las Vegas, Reno and Sparks, Nevada
Reno has long been known as The Biggest Little City. And it is! As the biggest city in northern Nevada, it still has a hometown and community feel with deep roots and area pride. Reno is surrounded by smaller bustling communities that are ripe for commercial growth.
Reno is neighbored by its sister city, Sparks, with its expansive industrial warehousing, distribution hubs, and gateway to the USA Parkway Industrial Center. Both communities boast thriving events and social scenes and expansive outdoor activities.
Reno is home to the University of Nevada, which is widely known for its programs in earthquake sciences and engineering, the humanities, neuroscience, biotechnology, environmental science, bioscience, and advanced autonomous systems. Truckee Meadows Community College and several highly accredited trade schools in Reno and Sparks train the next generation of skilled labor to ensure we have the necessary workforce for the businesses that call our community home.