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For Sale
6470 S Rainbow Blvd - Las Vegas, NV 89118
Property Highlights
- Newer Construction Two-Tenant Drive-Thru Building in Highly Desirable Southwest Las Vegas
- Absolute Triple Net Leases in a high-demand submarket
- Corporate and Personally Guaranteed Leases Providing an Investor Additional Protection
- ~12 Years Remaining on Don Tortaco Lease and +/- 7 Years on Earl of Sandwich Lease | Providing Long-Term Security for an Investor
- Excellent Visibility & Exposure | Hard corner at a signalized intersection which sees over 50,500 VPD
- High Growth Submarket | The population is expected to grow by 7.9% over the next Five Years
- Barriers to entry in this submarket are increasing significantly and within 5-years will only present redevelopment opportunities for developers
- Nevada is 1 of 9 states with no personal income tax.
Details
- Price: $2,700,000
- Year Built: 2020
- Property Type: Multi-Tenant
- Property Status: For Sale
Additional Details
- Price/SF: $830.77
- Cap Rate: 5.31%
- Rentable Area: 3,250 SF
- Lot Size: 0.53 AC
- Parking Ratio: 4.66/1,000 SF
- Zoning: C-2
- Cross Streets: S Rainbow Blvd & W Sunset Rd
Address
Open on Google Maps- Address 6470 S Rainbow Blvd
- City Las Vegas
- State/county Nevada
- Zip/Postal Code 89118
