101 Rainbow BlvdLas Vegas, NV 89107

Property Details for 101 Rainbow Blvd

Year built

2018

Construction

FRAME

Lot size

0.54 AC

Property size (Sq ft)

2,062 SF

Property type

Turn key restaurants

APN

138-34-513-003

APU

13834513003

Description

Rainbow Westcliff, located at 101 S Rainbow Blvd, Las Vegas, NV 89107, offers exceptional retail opportunities in a high-traffic area. This multi-tenant center boasts 4,460 square feet of vacant space, distributed across six available units ranging from 380 to 1,775 square feet. The property features a variety of layouts suitable for restaurants, offices, and second-generation retail businesses. Key anchors include Burger King, Terribles Chevron/Carwash, and Taco Bell, ensuring high visibility and foot traffic. The center benefits from convenient access to South Rainbow Boulevard and the I-15 Freeway, providing excellent accessibility for both customers and employees. The property also offers easy access to the I-15 freeway and boasts strong demographics. Larger spaces, ranging from 1,000 to 5,249 square feet, are also available. Lease rates are competitive, ranging from $1.50 to $1.75 per square foot, plus estimated common area maintenance (CAM) charges. This prime Las Vegas location presents a unique opportunity for businesses seeking high visibility and convenient access to major transportation arteries. The property's established tenant mix and strong location make it an ideal investment for a variety of retail concepts. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $519,218

  6.5%

  $479,278

  7%

  $445,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $429,647

  Geo Method

  $429,647

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $938,039

  Mixed-Use / Specialty

  $476,195

  Hospitality / Lodging

  $347,580

  Office

  $471,935

  Institutional / Educational

  $494,560

  Residential Income

  $578,635

  Multifamily

  $701,601

  Automotive / Energy

  $423,909

  Parking / Income-Based Land

  $147,643

  Restaurant / Food Service

  $244,740

  Healthcare / Senior Housing

  $489,738

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1725

Longitude

-115.244

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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