8025 S Rainbow Blvd - Storefront Retail/Residential FOR SALE


Las Vegas, NV 89139
$4,800,000 USD
702-836-3785
8025 S Rainbow Blvd, Las Vegas, NV for Sale
$4,800,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 5.15% Cap Rate

8025 S Rainbow Blvd
Las Vegas, NV 89139


HIGHLIGHTS

  • 8025 S. Rainbow Boulevard, Las Vegas, Nevada 89139
  • 6,148 +/- Square Foot Building | 0.92 Acre Parcel
  • Occupancy 100% | Construction Year 2018
  • Zoning Clark County Commercial General (CG)
  • Assessor Parcel Number (APN) 176-10-816-003
  • Well-seasoned internet resistant tenants | Excellent parking, access, and visibility

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$794 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bank, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

Clark County (CG)

APN/PARCEL ID

176-10-816-003

ASK ABOUT THIS PROPERTY

David GrantColliersMore Info
702-836-3785

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

David GrantColliersMore Info
702-836-3785

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