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1900 S Rainbow Blvd 6,000 SF 100% Leased Retail Building Las Vegas, NV 89146 $1,950,000 ($325/SF) 5.38% Cap Rate
Executive Summary
Occupied on a month to month lease, but new owner can occupy after close of escrow.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
1996
Price
$1,950,000
Price Per SF
$325
Cap Rate
5.38%
NOI
$105,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
C-1 - local business district
Parking
33 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
204’ on Rainbow Blvd
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 163-02-313-004 | Improvements Assessment | $149,871 |
| Land Assessment | $120,062 | Total Assessment | $269,933 |
Property Taxes
Parcel Number
163-02-313-004
Land Assessment
$120,062
Improvements Assessment
$149,871
Total Assessment
$269,933
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1900 S Rainbow Blvd
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