Listing Agency: Cambridge Group p***@lvcambridge.com Show Phone

Listed By: Jordan Hanley · License #BS.014889

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:36PM

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Investment Insights

Based on property information with market context.

Rainbow Express Village is a multi-tenant shopping center built in 1985, comprising 30,650 SF on approximately 2.2± net acres. The C-1 Zoned property occupies a single parcel at the northeast corner of Rainbow and Oakey, with three separately owned pads contributing to CAM expenses but excluded from the sale.

The center accommodates a broad tenant mix spanning restaurant, retail, and personal service businesses. National occupants include Dotty’s, Starbucks, Jersey Mike’s, Lee’s Liquor, and Wienerschnitzel. Regional businesses include automotive services, pet adoption and grooming, apparel, alterations, beauty, food service, insurance, barber, tattoo supply, and nutritional meal operators.

The property is within 5 miles of I-15, Las Vegas Boulevard, the Resort Corridor, and China Town. Reported 2018 traffic counts are 47,008 on S. Rainbow Boulevard and 10,114 on W. Oakey. Nearby national users within 1/2 mile include Albertsons, Home Depot, Ross Dress for Less, Wells Fargo, and 24-Hour Fitness.

Key Highlights

• 30,650 SF shopping center built in 1985
• Approximately 2.2± net acres with C‑1 zoning
• Northeast corner of Rainbow and Oakey on a single parcel

Property Analytics

Property Profile

Current Use

Hearts Alive Animal Shelter 50 shades of green Take-out & Catering Chloe Beauty Nail Salon Clever Web Design ... Marketing & Advertising Dotty's Casino Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,851

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 89146, NV

19,777

Population

8,385

Households

2.4

Avg Household Size

40

Median Age

25%

College-Educated

86%

High-School Grad

4.8 sq mi

ZIP Area

4,120

Density / Sq Mi

$64,330

Median Household Income

$38,121

Median Earnings

$1,407

Median Rent

$432,700

Median Home Value

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019

8.3% 2020

7.2% 2021

6.1% 2022

6% 2023

5.2% 2024

5.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - A multi-tenant retail center combines national and regional occupants with restaurant, retail, and personal service uses.

Where is this shopping center located?

The property is located at 1750 S Rainbow Blvd Las Vegas, NV.

What are key features of this property?

This property features: 30,650 SF shopping center built in 1985; Approximately 2.2± net acres with C‑1 zoning; Northeast corner of Rainbow and Oakey on a single parcel