10415 S Rainbow Blvd Las Vegas, NV 89178
For Sale
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This exceptional 7,926 square foot retail shopping center in Las Vegas, Nevada, presents a compelling investment opportunity. Built in 2023, this single-story, two-unit building boasts 100% occupancy with long-term NNN leases in place, ensuring a stable income stream. The property features a desirable tenant mix, including a doggie daycare, boarding, and grooming facility, and a beauty salon, creating a resilient business model. Strategically located at the signalized intersection of W. Cactus Ave. and S. Rainbow Blvd., the center benefits from exceptional visibility and high traffic counts exceeding 36,800 vehicles per day. Its proximity to the I-15 Freeway (126,000 VPD) and CC 215 Beltway (201,000 VPD) further enhances accessibility. The property is situated within the affluent Mountain's Edge master-planned community, surrounded by approximately 112,000 residences and boasting strong demographics, with an average household income of $121,063 within a 5-mile radius. The 0.81-acre lot is zoned Commercial General (CG). The property's Net Operating Income (NOI) is $265,822, resulting in a 6.25% cap rate. The asking price is $4,253,000. Nearby amenities include Chevron, Meineke, and Don Tortaco, and future developments include a Station Casinos hotel/resort/casino and an HCA hospital. This is a rare opportunity to acquire a newly constructed, stabilized retail center in a high-growth area with excellent long-term potential. The property's APN is 176-27-823-007.
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Hounds Town - Las Vegas - Mountain's Edge Kennel & Boarding Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.