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Property profile & analytics
FOR LEASE
Turn key restaurants

101 S Rainbow Blvd Las Vegas, NV 89107

2,062 SF 0.54 ac lot Built 2018
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US62-0172704
Property summary
AI-generated overview

Rainbow Westcliff, located at 101 S Rainbow Blvd, Las Vegas, NV 89107, offers exceptional retail opportunities in a high-traffic area. This multi-tenant center boasts 4,460 square feet of vacant space, distributed across six available units ranging from 380 to 1,775 square feet. The property features a variety of layouts suitable for restaurants, offices, and second-generation retail businesses. Key anchors include Burger King, Terribles Chevron/Carwash, and Taco Bell, ensuring high visibility and foot traffic. The center benefits from convenient access to South Rainbow Boulevard and the I-15 Freeway, providing excellent accessibility for both customers and employees. The property also offers easy access to the I-15 freeway and boasts strong demographics. Larger spaces, ranging from 1,000 to 5,249 square feet, are also available. Lease rates are competitive, ranging from $1.50 to $1.75 per square foot, plus estimated common area maintenance (CAM) charges. This prime Las Vegas location presents a unique opportunity for businesses seeking high visibility and convenient access to major transportation arteries. The property's established tenant mix and strong location make it an ideal investment for a variety of retail concepts. Contact us today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Construction FRAME
Total area 2,062 SF
Lot 0.54 ac (23,522 SF)
APN 138-34-513-003
UPID US62-0172704
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Farmers Insurance - David Corbett Insurance Agency
  • Essential Chiropractic Inc. Alternative Medicine Practice
  • 5teps Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Pellegrini Pizza Restaurant
  • Banzai Madness Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.07M
Blend (final) Blend
$3.00M
Owner & transaction history
103 S Rainbow Blvd LLC · 1 yrs held
103 S Rainbow Blvd LLC
since 2024
Last sale
$3.0M
7 recorded transactions
2024
Price N/A
2020
Price N/A
2019
$3.0M
2017
Price N/A
2017
$831,000
2015
$720,000
1999
$466,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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