5860 S Rainbow Blvd - Freestanding FOR SALE


Las Vegas, NV 89118- Spring Valley
$3,474,000 USD
562-230-5606
5860 S Rainbow Blvd, Las Vegas, NV for Sale
$3,474,000 USD
Freestanding - FOR SALE
1/2
null | 4.75% Cap Rate

5860 S Rainbow Blvd
Las Vegas, NV 89118
Spring Valley


HIGHLIGHTS

  • 10-year corporate net lease featuring 10% rental increases every 5 years throughout the base term and options
  • Brand-new 2025 build-to-suit construction with drive-thru
  • Subject property is part of a 5-building development located at W Oquendo Road & S Rainbow Road exposed to significant traffic counts – 50,000+ VPD
  • Dense residential area – 361,516 residents within a 5-mile radius of the subject property
  • Affluent market – $119,929 average household incomes within a 1-mile radius of the subject property
  • Just 6 miles from the Las Vegas Strip – 40M+ annual visitors

OVERVIEW

A 10-year corporate Starbucks featuring 10% rental increases throughout the base term and options. The subject property is part of a 5-parcel retail development which includes Conoco Phillips and USA Auto Service as well as a future dermatologist tenant and inline retail strip building.

FOR SALE DETAILS

PRICE

$3,474,000 USD

PRICE/SF

$1,608 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,890 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan SchultenCP Partners CREMore Info
562-230-5606

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Ryan SchultenCP Partners CREMore Info
562-230-5606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.