10415 S. Rainbow Blvd. Retail
  • Asking Price
    $4.3MAsking Price
  • Cap Rate
    6.65%Cap Rate
  • NOI
    $285KNOI
  • Gross Leasable Area
    7,926 SFGross Leasable Area
  • Acres
    ~0.81 acAcres
  • Year Built
    2023Year Built

Description

Cactus Shops Retail C is a newly constructed, approximately 7,926-square-foot two-tenant building in southwest Las Vegas. The property is NNN leased to a pet daycare, boarding and grooming operator and a liquor store. Colliers is marketing the investment.

The site is at the signalized intersection of Cactus Avenue and Rainbow Boulevard, with reported traffic exceeding approximately 49,800 vehicles daily. Chevron, Meineke and Don Tortaco operate within the center. The surrounding five-mile trade area has approximately 256,000 residents and average annual household income of $147,969 according to the offering. The Mountain's Edge location also provides access to Interstate 15 and the CC 215 Beltway; nearby planned casino and hospital projects can be reviewed as part of the area's development outlook.

Offering Summary

  • Asking Price
    $4,291,000
  • Property Type
    Retail
  • Built
    2023
  • Total Acres
    ~0.81 ac

Sale Details

  • Cap Rate
    6.65%
  • NOI
    $285,391

Documents

Property Address

10415 S. Rainbow Blvd.
Las Vegas, NV 89178

Property Details

  • Property Type
    Retail
  • Year Built
    2023
  • Lease Type
    NNN
  • Zoning
    Commercial General (CG)
  • APN
    176-27-823-007
  • Gross Leasable Area
    7,926 SF
  • Acres
    0.81

Deal Team

Adam Malan profile image

Adam Malan

Vice Chair
Colliers
NV RE Lic. 0063542
Deana Marcello profile image

Deana Marcello

Executive Vice President
Colliers
NV RE Lic. 174174