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    3001 Rainbow Blvd Las Vegas, NV 89108

    Sponsored
    For Lease
    $30 SF/Yr

    Las Vegas retail center, high traffic area.

    Lot size:
    4,744 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Cheyenne Commons, located at 3001 N Rainbow Blvd, Las Vegas, NV 89108, offers exceptional retail opportunities in a thriving commercial district. This single-story, 34.73-acre strip center, built in 1993, boasts a prime location at the intersection of N. Rainbow Blvd and W. Cheyenne Ave, benefiting from high visibility and significant traffic volume. The property features in-line second-generation retail spaces available, with a minimum divisible space of 900 square feet and a maximum contiguous space of 2,824 square feet. Currently, 3,724 square feet is vacant. The center is zoned as Limited Commercial District (C-1) and has APN numbers 138-15-512-002, 138-15-512-009, and 138-15-512-005. Benefit from the strong existing tenant mix, including national retailers such as Walmart, Floor & Décor, and Ross, along with Carl's Jr. and Jollibee. A new Starbucks drive-thru is under construction, further enhancing the property's appeal. The location enjoys exceptional accessibility, with strong traffic counts on US-95 Freeway (approximately 167,000 vehicles per day), W. Cheyenne Ave (approximately 52,000 vehicles per day), and N. Rainbow Blvd (approximately 23,300 vehicles per day). The area also benefits from a substantial daytime population of approximately 365,151 within a 5-mile radius, and proximity to Mountain View Hospital (452 beds/2,150 employees). This presents a unique opportunity for businesses seeking high-traffic exposure and a strong customer base in a well-established retail center.

    Property Features for 3001 Rainbow Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,744 SF

    Building Details

    Year Built
    1993
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 3153
    Size
    1,020 SF
    Rate per SF
    $36
    Space
    Suite 3159
    Size
    900 SF
    Rate per SF
    $36
    Space
    Suite 3065
    Size
    2,824 SF
    Rate per SF
    $30

    HighLights

    • Join Walmart, Floor & Décor, and Ross as retail anchors at Cheyenne Commons.
    • Excellent access and visibility from US‑95 Freeway, with high daily traffic counts on nearby major roadways.
    • Adjacent to Mountain View Hospital (452 beds, 2,150 employees).
    • Strong daytime population of approximately 365,151 within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.24436331
    Latitude
    36.21528835

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    FAQs

    What type of property is this?
    Neighborhood center - Las Vegas retail center, high traffic area.
    Where is this neighborhood center located?
    The property is located at 3001 Rainbow Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $30-$36 SF/Yr.
    What are key features of this property?
    This property features: Join Walmart, Floor & Décor, and Ross as retail anchors at Cheyenne Commons.; Excellent access and visibility from US-95 Freeway, with high daily traffic counts on nearby major roadways.; Adjacent to Mountain View Hospital (452 beds, 2,150 employees).
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    Las Vegas, NV 89108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3001 Rainbow Blvd Las Vegas, NV 89108
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