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INVESTMENT HIGHLIGHTS
- Owner-User Office Building in Southwest Submarket of Las Vegas
- Convenient access located just 0.5 miles from the I-215
- Single-story office building located within the well-established Tierra Rainbow Professional Park
EXECUTIVE SUMMARY
6123 S. Rainbow is a freestanding; single-story office building located within the well-established Tierra Rainbow Professional Park at the intersection of South Rainbow Boulevard and Patrick Lane. The building’s contemporary architectural design offers a
distinguished and professional presence, making it ideally suited for both professional and medical office users. Its layout and curb appeal contribute to a strong business image, while the surrounding amenity-rich Southwest submarket continues to attract companies seeking convenience, accessibility, and a vibrant work environment.
Investment Highlights
Prime Southwest Submarket Location
* Strategically positioned in one of Southern Nevada’s most soughtafter office submarkets, the Southwest boasts one of the lowest vacancy rates in the region, just 7.6% as of Q2 2025. This strong occupancy reflects the area’s growing appeal, as businesses increasingly flock to amenity-rich environments that offer convenience, accessibility, and a vibrant professional ecosystem. The Southwest submarket continues to attract tenants seeking high-quality space in a dynamic and well-connected location.
Convenient Access
* Ideally located just ±0.5 miles from the I-215 freeway interchange, the property offers seamless connectivity to both the I-215 and I-15 freeways. This prime location ensures efficient access to major business corridors, the airport, and surrounding residential communities, making it highly attractive for businesses seeking convenience and mobility.
Owner/User Opportunity with Cash Flow
* Two of the three existing leases are set to expire by April 30, 2026, totaling 3,750 SF of space available for an owner/user. The first lease ends on February 28, 2026, releasing 2,500 SF, followed by the second lease expiring on April 30, 2026,
adding another 1,250 SF. This creates a contiguous 3,750 SF opportunity for an owner/user to occupy with supplemental income stream from the 3rd tenant.
distinguished and professional presence, making it ideally suited for both professional and medical office users. Its layout and curb appeal contribute to a strong business image, while the surrounding amenity-rich Southwest submarket continues to attract companies seeking convenience, accessibility, and a vibrant work environment.
Investment Highlights
Prime Southwest Submarket Location
* Strategically positioned in one of Southern Nevada’s most soughtafter office submarkets, the Southwest boasts one of the lowest vacancy rates in the region, just 7.6% as of Q2 2025. This strong occupancy reflects the area’s growing appeal, as businesses increasingly flock to amenity-rich environments that offer convenience, accessibility, and a vibrant professional ecosystem. The Southwest submarket continues to attract tenants seeking high-quality space in a dynamic and well-connected location.
Convenient Access
* Ideally located just ±0.5 miles from the I-215 freeway interchange, the property offers seamless connectivity to both the I-215 and I-15 freeways. This prime location ensures efficient access to major business corridors, the airport, and surrounding residential communities, making it highly attractive for businesses seeking convenience and mobility.
Owner/User Opportunity with Cash Flow
* Two of the three existing leases are set to expire by April 30, 2026, totaling 3,750 SF of space available for an owner/user. The first lease ends on February 28, 2026, releasing 2,500 SF, followed by the second lease expiring on April 30, 2026,
adding another 1,250 SF. This creates a contiguous 3,750 SF opportunity for an owner/user to occupy with supplemental income stream from the 3rd tenant.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
B
Year Built
2006
Price
$2,000,000
Price Per SF
$400
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.30
Lot Size
0.38 AC
Zoning
C-2, County
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 163-34-711-010 | Improvements Assessment | $261,671 |
| Land Assessment | $117,957 | Total Assessment | $379,628 |
PROPERTY TAXES
Parcel Number
163-34-711-010
Land Assessment
$117,957
Improvements Assessment
$261,671
Total Assessment
$379,628
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Bldg 9 | 6123 S Rainbow Blvd
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