Rainbow North of Ann Rd
Las Vegas, NV 89130
Land For Sale · 2.42 AC

Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase a redevelopment opportunity on ± 2.42 acres of land located at 5640, 5664 and 5686 North Rainbow Boulevard. The property has recently been rezoned to C-1 (Limited Commercial). Nearby retail centers include national tenants Albertsons, CVS Pharmacy, Pizza Hut, McDonald’s, and more. The site, consisting of ± 2.42 acres is located on North Rainbow Boulevard, just north of West Ann Road in the City of Las Vegas, State of Nevada. The site is southeast of the 215 Beltway and U.S. 95 interchange, offering easy access to both U.S. 95 and 215 Beltway. As of 2017, there were 123,150 residents within a 3-mile radius with a median household income of $68,307. The site sits less than 1 mile east of the Painted Desert Golf Club and 1.5 miles west of Los Prados Golf Course. There is a Terrible Herbst currently under construction on the corner of Rainbow Boulevard and Ann Road, providing additional traffic to the area. Nearby retail centers include Centennial Gateway with tenants such as Sportsman’s Warehouse and 24 Hour Fitness, Rio Vista Plaza with tenants such as Albertsons, Pizza Hut, CVS, McDonald’s and Chevron. This property consists of 3 lots rezoned (C-1) Limited Commercial. The site has excellent street exposure on North Rainbow Boulevard offering 395 feet of frontage and combined traffic counts of approximately 37,900 cars per day on Ann Road and Rainbow Boulevard. This property provides a strong redevelopment opportunity with a conceptual site plan totaling ± 23,625 SF. Currently the property includes a residential home with a month to month lease, a law office that will stay on a month to month basis and a residential home that will be vacant upon sale. This provides for immediate cash flow to the buyer while redevelopment plans are put in place. There is a conceptual site plan with three retail buildings totaling ± 23,625 SF.