CBRE Broker Listings — Reno/Sparks — Jet's Pizza Feasibility

The takeaway

CBRE sent 24 listings. Scored against Jet's criteria, 15 fit, and 8 are 2nd-generation food spaces with a grease interceptor already in place — the cheapest build-out path per our Franchise Disclosure / build-out work, since an inherited code-compliant kitchen skips six figures of leasehold cost. 4 overlap sites we already shortlisted (Kiley Ranch, Double R, Sparks Galleria, Village at Rancharrah), which independently confirms our read. The standouts — leading with the 2nd-gen, grease-in-place spaces in our target submarkets:

#2 — 7111 S Virginia St (South Reno) — former deli with a 750-gal grease interceptor already in place. Cheapest-path 2nd-gen in the strongest submarket.
#4 — 709-716 S Virginia St (Downtown) — freestanding former ice-cream shop with grease interceptor + floor drains.
#21 — D'Andrea Marketplace (Sparks / Vista) — restaurant-improved 2nd-gen space, Safeway/CVS anchored, HH income ~$90k.
#15 — 20-24 California Ave (Midtown) — F&B-ready with grease interceptor installed, 95k daytime pop within 2 mi.
#7 — Shops at Bartley Ranch (South Reno) — restaurant suite where existing equipment may convey.
#14 — Kiley Ranch Marketplace (Spanish Springs) and #24 — Double R Marketplace (Damonte) — the two new-construction plays in our top demographic corridors.

Top Candidate Leases (ranked)

Our combined shortlist — the sites we sourced independently plus the strongest CBRE listings — tiered by submarket strength × build-out cost. Tier 1 = top submarket AND a cheap 2nd-generation build-out; Tier 2 = top growth submarket but a new-construction shell (higher build-out); Tier 3 = strong 2nd-gen box in a secondary location. LoopNet links open in a new tab where available.

Rank	Property	Submarket	Tier	Why	Link
1	My Pie 2nd-gen pizza box — 9333 Double R Blvd	South Meadows / Damonte	Tier 1	2nd-gen pizza box in our #1 demographic zone (score 96) — cheapest possible build-out shortlist	—
2	7111 S Virginia St	South Reno	Tier 1	Former deli, 750-gal grease interceptor in place, $27/sf 2nd-gengrease	CBRE #2
3	D'Andrea Marketplace — 2808-2888 Vista Blvd	Sparks	Tier 1	Restaurant-improved 2nd-gen, Safeway/CVS anchored, HH ~$90k 2nd-gengrease	CBRE #21
4	Kiley Ranch Marketplace — Pyramid Hwy & Wingfield Hills	Spanish Springs	Tier 2	Fastest-growing submarket (score 94), zero Detroit-style, Q4 2026 shortlist	CBRE #14
5	Kiley Ranch endcap-DT — "Shops C"	Spanish Springs	Tier 2	Drive-thru endcap in the same fastest-growing center endcapshortlist	CBRE #14
6	Double R Marketplace — Damonte Ranch Pkwy & Double R	South Meadows / Damonte	Tier 2	New grocery-anchored (score 96), divisible to 1,200 sf shortlist	CBRE #24
7	709-716 S Virginia St	Downtown	Tier 3	Freestanding former ice-cream, grease + floor drains 2nd-gengrease	CBRE #4
8	Shops at Bartley Ranch — 6147 Lakeside Dr	South Reno	Tier 3	Restaurant suite, existing equipment may convey 2nd-gen	CBRE #7
9	20-24 California Ave	Midtown	Tier 3	F&B-ready w/ grease, walk score 96 2nd-gengrease	CBRE #15
Watch	645 E Plumb Ln (verify still open)	Midtown-South	Watch	QSR endcap (Wing Stop/Chop Stop) endcap	CBRE #18
Watch	3923-3999 S McCarran Blvd	Midtown-South	Watch	Shell BUT landlord TI offered (offsets build-out)	CBRE #11
Watch	Moana West Annex	Midtown / Central	Watch	Cheap $21-24/sf rents, fitting suites	CBRE #3
Down	Redfield Promenade	Midtown / Central	Downgraded	Downgraded: great 2nd-gen box BUT MOD Pizza is a co-tenant (pizza competitor in-center) 2nd-gengrease	CBRE #13

All 24 listings

Sorted by fit — FIT first, then MAYBE, then NO. Property names link to the CBRE / LoopNet listing (opens in a new tab). Flags: 2nd-gen existing food space · grease interceptor in place · endcap · shortlist already on our shortlist.

#	Property / Center	Submarket	Size	Rate	Fit	Why	Flags
2	7111 S Virginia St	South Reno	1,195 SF	$27/sf	Fit	Former deli, 750-gal grease interceptor, South Reno — cheapest-path 2nd-gen	2nd-gengrease
3	Moana West Annex	Midtown / Central Reno	1,331-2,263 SF	$21-24/sf	Fit	1,331/1,449 sf fit, low $21-24 rents, strong residential center	—
4	709-716 S Virginia St	Downtown Reno	1,275 SF	$34.20/sf	Fit	Freestanding 2nd-gen food, grease + floor drains in place	2nd-gengrease
7	Shops at Bartley Ranch (6147 Lakeside)	South Reno	1,292 SF	On request	Fit	Restaurant suite, existing equipment may convey, South Reno corridor	2nd-gen
8	705 N Virginia St	Downtown Reno	1,447 SF	On request	Fit	Grey shell but grease interceptor in place; UNR/daytime pop 46,700	grease
10	Keystone Canyon Towne Center	Northwest Reno / UNR	1,200-9,000 SF	On request	Fit	New center explicitly QSR-targeted, NW Reno growth corridor, divisible to 1,200	—
11	3923-3999 S McCarran Blvd	Midtown-South / Reno Experience Dist	1,415-2,301 SF	On request	Fit	Several fitting suites, shell BUT landlord offering TI (offsets build-out)	—
14	Kiley Ranch Marketplace	Spanish Springs (Sparks)	1,500-14,000 SF	On request	Fit	OUR #1 area: Spanish Springs fastest-growing; new center, Pyramid Hwy 40,500 ADT	shortlist
15	20-24 California Ave	Midtown / Central Reno	1,543 SF	On request	Fit	F&B-ready w/ grease interceptor, Downtown, 95k daytime pop in 2mi	2nd-gengrease
16	2027 S Virginia St	Midtown-South / Reno Experience Dist	1,400-2,100 SF	On request	Fit	New-construction 1,400 sf fits, Midtown, across from Reno Experience District	—
18	645 E Plumb Ln	Midtown-South / Reno Experience Dist	1,400-1,500 SF	On request	Fit	QSR-anchored endcap (Wing Stop/Chop Stop), by Panasonic HQ — verify still open (2024 delivery)	endcap
20	Sparks Galleria	Spanish Springs (Sparks)	1,206-1,440 SF	On request	Fit	Class A power center, right size, QSR pad co-tenants (Qdoba/Taco Bell)	shortlist
21	D'Andrea Marketplace	Sparks (Vista / DAndrea)	1,300 SF	On request	Fit	Restaurant-improved 2nd-gen space, Safeway/CVS anchored Sparks, HH income $90k	2nd-gengrease
23	McQueen Crossings	Northwest Reno / UNR	1,300 SF	On request	Fit	1,300 sf right-size, NW Reno (Robb Dr) neighborhood center	—
24	Double R Marketplace	South Meadows / Damonte Ranch	1,200-12,000 SF	On request	Fit	OUR #1 demographics area (Damonte/South Meadows); new grocery-anchored, divisible to 1,200	shortlist
1	100 California Ave	Midtown / Central Reno	1,325 SF	$33/sf	Maybe	2nd-gen food w/ grease, but 2nd-story hurts QSR carryout/delivery	2nd-gengrease
5	Village at Rancharrah	South Reno	1,661-1,883 SF	$45/sf	Maybe	Endcap w/ roll-up, upscale — but $45/sf pricey & 1,883 a touch big	endcapshortlist
6	725 S Center St	Downtown Reno	1,508 SF	On request	Maybe	Turnkey restaurant but quaint sit-down vibe, off-brand for Jet's carryout	2nd-gengrease
9	1385 N Virginia St	Northwest Reno / UNR	1,800-1,954 SF	On request	Maybe	Across from UNR (student demand) but 1,800-1,954 sf larger than ideal	—
12	Lemmon Dr & US 395	North Valleys	1,200-8,400 SF	On request	Maybe	New, divisible, low-supply submarket — but North Valleys weaker demographics	—
13	Redfield Promenade	Midtown / Central Reno	1,400 SF	On request	Maybe	Strong 2nd-gen food box + anchors, BUT MOD Pizza co-tenant = pizza in center	2nd-gengrease
19	Del Monte Plaza	South Reno	1,800 SF	On request	Maybe	Whole Foods-anchored South Reno, but 1,800 sf larger than ideal	—
22	14575 US 395	South Reno	950-5,000 SF	On request	Maybe	South Reno, divisible to ~950-3,000 sf but thin listing detail	—
17	2020 Red Dr	Midtown-South / Reno Experience Dist	1,804 SF	On request	No	5th-floor bar space — no ground-floor carryout/delivery; wrong for Jet's	—

How this compares to our shortlist

The broker set confirms our two top submarkets: Kiley Ranch (Spanish Springs) and Double R (South Meadows / Damonte) both came back on CBRE's own list, alongside Sparks Galleria and Village at Rancharrah — four sites we had already flagged independently. Just as important, it adds a deep bench of 2nd-generation food spaces we did not have, concentrated along South Virginia and in Midtown. The single biggest value in the set is the cluster of grease-interceptor-in-place spaces (7111 S Virginia, 709-716 S Virginia, 20-24 California, D'Andrea Marketplace): inheriting a code-compliant kitchen skips the six-figure kitchen build-out that drives most of the FDD's leasehold line, making these the fastest and cheapest path to a first Jet's.