5765 S. Rainbow Boulevard
Las Vegas, NV
CAP RATE: 7.00%
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- Stable Cash Flows – Maintained average occupancy level over 90% for the last 5 years
- Upside with Below Market Rents – Current rents over 15% below market
- Retail Repurpose – Further upside in rents achievable by retenanting to retail usesDense Growing Residential Area – Population of over 130,800 residents within a 3-mile radius and projected to grow by 7%+ over the next 5 years
- Strong Traffic Counts – over 47,521 cars per day
- Valleywide Access – 1.1 miles to I-215 Beltway via the Rainbow Boulevard interchange
- Excellent Condition – Seller painted the building & resurfaced the parking lot in 2016
Contact an agent:
Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase Rainbow Quail Plaza, a single story office/ retail building located at 5765 S. Rainbow Boulevard in Las Vegas, Nevada. The site offers exposure on Rainbow Boulevard with convenient access to the I-215 Beltway.