Colliers Las Vegas is pleased to exclusively present the opportunity to acquire the fee simple interest in The Shops on Rainbow, a 6,148 square foot two-tenant retail building plus a Bank of America ATM, located on the southwest corner of S. Rainbow Boulevard & W. Santoli Avenue, in Las Vegas, Nevada, 89139.
The subject property is situated at a powerful signalized intersection which includes Smith’s Food & Drug, 7-Eleven, Sherwin-Williams Paint Store, Jack in the Box, Jollibee, O’Reilly Auto Parts, Church’s Texas Chicken, and dozens of national, regional and local shop tenants. The Arroyo Market Square is located less than one-half mile north featuring Walmart, Sam’s Club, Home Depot, Ross Dress for Less, Marshall’s, Michaels, Best Buy, Planet Fitness, Party City, PetSmart, Macy’s, and Office Depot.
There are approximately 27,708 residents within a 1-mile radius; 134,499 residents within a 3-mile radius; and 30,396 residents within a 5-mile radius. The average household income is approximately $126,445 within a 1-mile radius; $122,090 within a 3-mile radius; and $117,056 within a 5-mile radius.