6870 S Rainbow Blvd 32,826 SF 100% Leased 4-Star Retail Building Las Vegas, NV 89118 $22,900,000 ($697.62/SF) 6.28% Cap Rate

INVESTMENT HIGHLIGHTS

  • Five Star Location with 215 Frontage
  • Value Add Opportunity
  • 100% Occupancy

EXECUTIVE SUMMARY

FOR SALE – PRIME SHOPPING CENTER AT RAINBOW & 215 | LAS VEGAS, NV
High-performing retail center at the signalized intersection of Rainbow Blvd & I-215, one of Las Vegas' most dynamic retail corridors. Surrounded by strong national and regional tenants, this center benefits from high visibility, strong traffic counts, and easy freeway access.
Premier location with direct frontage on Rainbow Blvd & I-215.
Strong tenant mix with a combination of national, regional, and local brands.
High-traffic area with excellent exposure and signage opportunities.
Ample parking and easy access to major highways and residential growth zones.
Situated in a rapidly expanding trade area with strong demographics and increasing commercial demand, this retail center presents an excellent investment opportunity in a high-growth market. Email nick@blueoceancre.com for financials and property details.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
32,826 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$22,900,000
Price Per SF
$697.62
Cap Rate
6.28%
NOI
$1,437,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
3.24 AC
Zoning
C-2 - Commercial
Parking
145 Spaces (4.42 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • $35.40
  • Triple Net
  • May 2029

Cox Communications is a family-owned company committed to creating more meaningful moments of human connection through technology. As the largest private broadband provider in the United States, they're proud of their continued investments in their people, their communities and their network.

  • Accommodation and Food Services
  • -
  • -
  • -
  • Feb 2024

At Einstein Bros.® Bagels, they believe in the bagel. They believe it has the power to do amazing things—giving people a reason to look forward to morning office meetings or an afternoon escape or even the simple joy of a shmear mustache on their kid’s face. It’s why they get to the store at 2am every day and bake fresh bagels every four hours, so their bagels are as fresh and delicious as possible. It’s why they only use the finest breakfast ingredients to create the most inspiring flavors. It’s why they do everything possible to make their customers day that much better. To spread a little more joy and happiness in the world. To laugh, smile and enjoy each other’s company that much more. And to them, there’s no better way to do that than with the bagel.

  • Services
  • -
  • -
  • -
  • Oct 2025

Massage Envy is a nationwide wellness franchise providing massage, stretch, and skin care services. The brand is built upon the belief that regular massage, stretch, and facials are integral components of whole-body wellness and keep your body working. At Massage Envy, they offer total body care, personalized experiences, and exceptional service to help clients feel their best. As an added touch, they always provide helpful recommendations for at-home care to guide clients on their wellness journey.

  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Rocco was born and raised in Da Bronx, NY with a strong sense of what good southern Italian food tastes like. His family was born and raised in Reggio Calabria, Italy. As a child his favorite day was Sunday when the big family got together for a good meal. Rocco started working in delis at a young age and that's where he learned the deli and pizza business and later on opened up his own delis in the New York and New Jersey areas. Eventually Rocco moved to Las Vegas where he opened up his first deli and pizza joint and later opened up three more locations. Rocco's priority is to give his customers superb food and service.

  • The Noodle Man
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

The Noodleman saves customers a 12 hour flight to China for fresh hand-made noodles. They also serve, from central China, delicious individually folded dumplings, cakes and mouthwatering roasted meats at honest to goodness prices. Their menu is a combination of hometown classics from Central China and flavors adopted from American community of good food lovers.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Professional, Scientific, and Technical Services - $35.40 Triple Net May 2029
Accommodation and Food Services - - - Feb 2024
Services - - - Oct 2025
Accommodation and Food Services - - - -
The Noodle Man Accommodation and Food Services - - - -

NEARBY MAJOR RETAILERS

Cafe Zupas
Zippy's
Capriotti's
Chase Bank
Urbane Cafe
Bb.q Chicken
L & L Hawaiian Barbecue
Starbucks
Albertsons
U.S. Bank

PROPERTY TAXES

  • Listing ID: 34940972

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 6870 S Rainbow Blvd, Las Vegas, NV 89118