7240 S Rainbow Blvd. Las Vegas, NV 89118

Listing agency Northmarq Show Phone

Listed by Scott Frank · License #WA 4472

Source Crexi

Added: Apr 10 Updated: Jul 22 at 12:50AM Checked: Jul 22 at 12:50AM

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Investment Insights

Based on property information with market context.

Rainsprings Plaza is a 12,520 SF new construction retail center anchored by major national tenants and featuring an expanding Jinya Ramen Bar. The property is held as a leasehold interest on a long-term ground lease expiring in January 2066.

According to the remarks, the center has no lease exposure until 2027, and tenants have scheduled rent growth. The property is located along Rainbow Boulevard and benefits from high daily traffic counts and a dense population with more than 300,000 residents within a 5-mile radius. It is also described as being close to Arroyo Market Square, anchored by Walmart, Sam’s Club, and Home Depot.

Key Highlights

• 12,520 SF new construction retail center with major national tenant anchors and an expanding Jinya Ramen Bar
• No lease exposure until 2027, with all tenants having scheduled rent growth
• Leasehold interest on a long‑term ground lease expiring January 2066

Property Analytics

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FAQs

What type of property is this?

Shopping center - New construction retail center with major national anchors and a long-term ground lease expiring in 2066.

Where is this shopping center located?

The property is located at 7240 S Rainbow Blvd. Las Vegas, NV.

What are key features of this property?

This property features: 12,520 SF new construction retail center with major national tenant anchors and an expanding Jinya Ramen Bar; No lease exposure until 2027, with all tenants having scheduled rent growth; Leasehold interest on a long‑term ground lease expiring January 2066