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Two-Level Medical Office Property
For Sale
Contact for pricing
Pending

5495 S Rainbow Blvd, Las Vegas, NV 89118

Fully leased healthcare facility positioned opposite Spring Valley Hospital and Medical Center with on-site parking and Rainbow Boulevard access.

Property SizeContact for details
Days on Market143

Property Features for 5495 S Rainbow Blvd

General Information

Standard status Pending
Property subtype Office
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: CBRE - Las Vegas
Listed By: Michael Hsu · License #NV S.51609.LLC
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Las Vegas

Investment Insights

Based on property information with market context.

This two-level medical office property in southwest Las Vegas is fully leased and configured for healthcare operations. The tenant roster includes Pueblo Medical Imaging, operated by Radiology Associates of Nevada, along with Spectra Health and Dynamic Spine & Sports Rehabilitation. Their services include diagnostic and interventional radiology, primary care, chiropractic care, and physical therapy.

The property sits across from Spring Valley Hospital and Medical Center at 5495 S Rainbow Blvd. On-site parking, access to Rainbow Boulevard, and established ingress and egress support daily patient and staff activity. Lease contracts provide a weighted average remaining term of 8.95 years, with no near-term expirations identified. Current rental rates average 16% below market.

Key Highlights

  • Fully leased medical office property with 8.95 years of weighted average lease term
  • Three healthcare tenants provide imaging, primary care, chiropractic, and physical therapy services
  • Pueblo Medical Imaging is operated by Radiology Associates of Nevada

Property Analytics

Current Use

Healthy Futures Physician Radiology Associates of Nevada Corporate Office Advanced Medical Imaging Physician Spectra Health Medical ... Medical Clinic Dynamic Spine & Sport ... Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Restaurant Kitchen & Bath Showroom HVAC Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89118, NV

22,588
Population
10,345
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
10.6 sq mi
ZIP Area
2,131
Density / Sq Mi
$67,384
Median Household Income
$36,629
Median Earnings
$1,501
Median Rent
$391,800
Median Home Value

Market

Vacancy Rate% for Office in Las Vegas, NV

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully leased healthcare facility positioned opposite Spring Valley Hospital and Medical Center with on-site parking and Rainbow Boulevard access.
Where is this medical office space located?
The property is located at 5495 S Rainbow Blvd Las Vegas, NV.
What are key features of this property?
This property features: Fully leased medical office property with 8.95 years of weighted average lease term; Three healthcare tenants provide imaging, primary care, chiropractic, and physical therapy services; Pueblo Medical Imaging is operated by Radiology Associates of Nevada
(702) 369-4866 Call to check price and availability
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