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1040 S Rainbow Blvd

8,000 SF Vacant Retail Building Las Vegas, NV 89145 $2,941,000 ($368/SF)

Investment Highlights

  • Two tenant retail/Medical office building with Rainbow frontage in the Rainbow Vista development
  • Large pylon sign
  • Building has ample parking in the front and back
  • Fully Built out 5,409 +/- sf medical office space available as an owner user purchase or available for lease
  • Ownership recently signed a lease for LV Dollar Plus commencing on July 1st, 2022 for 5 years.

Executive Summary

North American Commercial is proud to present the opportunity to acquire 1040 S Rainbow Blvd in Las Vegas, Nevada. The building is located in the Rainbow Vista Development fronting Rainbow close to the hard corner of W Charleston Blvd.
The building is a 2 tenant building with a fully built out medical office and second unit that is occupied by LV Dollar. This represents an outstanding opportunity for an owner user medical professional who also wants income from the rental unit next door.
The pylon sign has excellent visibility and can be seen from a distance. Don’t miss this opportunity to occupy a fully built out medical facility. The space is also for lease for qualified medical professionals.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1995
Price
$2,941,000
Price Per SF
$368
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
C-1, Las Vegas
Parking
28 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
184 FT on Rainbow Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,409 SF
  • Office
  • In-Line
  • Now

North American Commercial is pleased to market 1040 S Rainbow for lease. Suite 102 is a fully built out medical office space with surgical center. The space is comprised of staff and customer restrooms (total 4), reception room, break room, multiple offices, exam rooms with sinks and a larger office used for light surgical. The space is perfect for most medical professionals looking to expand!

Space Size Space Use Position Available
1st Floor 5,409 SF Office In-Line Now

1st Floor

Size
5,409 SF
Space Use
Office
Position
In-Line
Available
Now

1st Floor

Size 5,409 SF
Space Use Office
Position In-Line
Available Now

North American Commercial is pleased to market 1040 S Rainbow for lease. Suite 102 is a fully built out medical office space with surgical center. The space is comprised of staff and customer restrooms (total 4), reception room, break room, multiple offices, exam rooms with sinks and a larger office used for light surgical. The space is perfect for most medical professionals looking to expand!

Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Wells Fargo Bank
Starbucks
Albertsons
Roberto's Taco Shop
The Tavern
Dutch Bros
Dotty's
America First Credit Union
Sprouts Farmers Market
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-34-820-008
Land Assessment
$156,423
Improvements Assessment
$205,512
Total Assessment
$361,935
  • Listing ID: 28522807

  • Date on Market: 5/18/2023

  • Last Updated:

  • Address: 1040 S Rainbow Blvd, Las Vegas, NV 89145

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