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    3501 Rainbow Blvd Las Vegas, NV 89103

    Sponsored
    For Lease
    $27 SF/Yr

    Prime Retail Space Available - Spring Valley

    Lot size:
    37,972 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Rainbow Springs Shopping Center presents a unique opportunity for multiple retail tenants seeking high-visibility space in a thriving Spring Valley location. This Class B retail center boasts a total of 37,972 square feet, currently 100% vacant and available for lease. Spaces are divisible to a minimum of 3,000 square feet, with a maximum contiguous space of 12,000 square feet. The center benefits from excellent co-tenancy, including established national retailers such as Sam's Club, Walmart, Dollar Tree, ACE Hardware, and Petco, ensuring high foot traffic and brand synergy. Located at the intersection of Rainbow Boulevard and Spring Mountain Road, the center enjoys exceptional visibility and accessibility, with over 85,000 vehicles passing daily. The property is zoned C-2, offering flexibility for a variety of retail, medical, or restaurant uses. Recent improvements include a new pylon sign (2020) and ongoing renovations by the landlord, encompassing facade upgrades, landscaping enhancements, and improved lighting throughout the center. This is an exceptional opportunity to establish a presence in a densely populated area with strong demographics and a proven track record of retail success. The center's strategic location and ongoing improvements make it an ideal investment for businesses seeking significant growth potential.

    Property Features for 3501 Rainbow Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,972 SF
    Class
    B
    Total Rate
    85437

    Unit(s) available at that property

    Space
    3675 - 107
    Size
    1,000 SF
    Rate per SF
    $39
    Space
    3675 : 103 A
    Size
    2,400 SF
    Rate per SF
    $30
    Space
    7017-102B
    Size
    1,300 SF
    Rate per SF
    $36
    Space
    Jr Box Opportunity
    Size
    13,500 SF
    Rate per SF
    $27

    HighLights

    • Retail property totaling 37,972 square feet available for lease.
    • Multiple suites available, ranging from 3,000 to 12,000 contiguous square feet.
    • Located at Rainbow Blvd & Spring Mountain, in a high‑traffic area with 85,000+ vehicles per day.
    • Strong co‑tenancy including Sam's Club, Walmart, and other national retailers.
    • C‑2 zoning.
    • Recently renovated with new pylon signage and planned exterior improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    TNT Fireworks Fireworks Store Rent a Car Spring ... Car Rental Agency CareOne Credit Credit Counseling Service Applebee's Grill + Bar Restaurant

    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
    -115.2456026
    Latitude
    36.1229363

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available - Spring Valley
    Where is this retail property located?
    The property is located at 3501 Rainbow Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $27-$39 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 37,972 square feet available for lease.; Multiple suites available, ranging from 3,000 to 12,000 contiguous square feet.; Located at Rainbow Blvd & Spring Mountain, in a high-traffic area with 85,000+ vehicles per day.
    Request Owner's contact information
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    Las Vegas, NV 89103
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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
    3501 Rainbow Blvd Las Vegas, NV 89103
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