•	Historic Location – the Building was given a Historic Preservation Award in 2016
•	Absolute NNN Lease – zero maintenance or expense responsibilities
•	2% Annual Rent Increases – excellent hedge against inflation
•	Personal Guaranty from High Net Worth individual
•	Tenant has invested in new Roof, HVAC, Electrical & Plumbing since 2015

Offering Memorandum

•	Dense Midtown Market – over 22,000 population within 1 mile of the subject property
•	Strong Income Area – average household income is $96,261 in a
5-	mile radius
•	Strategic location – situated in the rapidly growing region of Midtown Reno, 1 mile south of Downtown Reno
•	1.5 miles south of the University of Nevada-Reno (~20,000 students)
•	1.5 miles southwest of Renown Regional Medical Center, the region’s only level II trauma center with 985 licensed patient beds, providing care to approximately 1 million patients
•	1.5 miles east of Reno High School (~1,800 students)
•	1.5 miles west of Earl Wooster High School (~1,500 students)
•	2 miles west of Reno-Tahoe International Airport, which served over 4.5 million passengers in 2023
•	Tax Free State – no state income tax in Nevada

Reno, NV - Brasserie St James Restaurant

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

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Reno, NV - Brasserie St James Restaurant

Description

Location

Contact

Chuck Klein