9433 Double Diamond Pkwy — Sale in Reno, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Reno, NV 89521

Description

Well presented 5,217 SF free-standing office building located in the South Meadows Class A office park. Located near the corner of Double Diamond Parkway and South Meadows Parkway with convenient access to Double Diamond Parkway, S Meadows Parkway, and Double R Boulevard, with easy access to I-580.

Market Context

This office in Reno, NV is listed for sale. It has been on the market for 23 days. Compare it against other office listings for sale 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 buyers 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).

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