10435 Rainbow BlvdLas Vegas, NV 89178

Property Details for 10435 Rainbow Blvd

Year built

2020

Construction

FRAME

Lot size

0.60 AC

Property size (Sq ft)

8,260 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

176-27-823-005

APU

17627823005

Description

This exceptional retail opportunity in Las Vegas, Nevada, presents 27,720 square feet of space across four single-story buildings situated on a 2.87-acre lot. The property, located at 10435 S Rainbow Blvd, boasts a prime Southwest Las Vegas location, easily accessible via the Cactus interchange and I-15, just two miles east. Built in 2020, the center offers flexible spaces ranging from 1,200 to 8,260 contiguous square feet, with a total of nine suites. Currently, 23,901 square feet are available for lease. The property's zoning is General Commercial - C2, and it's situated within the Mountain's Edge Master Planned Community, projected to have 14,500 homes upon completion. The versatile space is suitable for various uses, including restaurants (with drive-thru options available), medical facilities, and daycare centers. The property includes four buildings and features both second-generation retail spaces and grey shell options for build-out. This location benefits from its proximity to a high-growth residential area, offering significant potential for businesses seeking a thriving market. The Clark County property (APN: 176-27-823-005, 176-27-823-008, 176-27-823-006, 176-27-823-007) offers a unique chance to establish or expand your business in a dynamic and rapidly developing community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,024,048

  6.5%

  $3,714,506

  7%

  $3,449,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,170,325

  Geo Method

  $4,170,325

• Alternative Use

  Use

  Valuation

  Residential

  $3,133,325

  Hospitality

  $2,870,109

  Educational

  $2,387,897

  Medical

  $2,470,020

  Retail

  $3,714,506

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

35.9998

Longitude

-115.245

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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