±0.71 AC Parcel Available for Ground Lease

5011 N Rainbow Blvd Las Vegas, NV 89130

5011 N Rainbow Blvd, Las Vegas, NV, 89130
5011 N Rainbow Blvd, Las Vegas, NV, 89130
Property Type:
Neighborhood Center
Cap Rate:
Last Verified:
Jun 23, 2022

PROPERTY DESCRIPTION ±0.71 AC pad with C-2 General Commercial zoning (City of Las Vegas) located in a shopping center right off Rancho Drive Exit from US-95 Highway. APN: 125-34-712-015 HIGHLIGHTS Excellent visibility along Rainbow Blvd. and Rancho Drive ramp merging with US-95 Highway. Less than half a mile away from Santa Fe Station Hotel & Casino, which is directly across Rancho Drive. Famed Siegfried & Roy Estate and New gated community Dove Point directly across Rainbow Boulevard, a new single-family development by Richmond American Homes is under construction. Right next to Chevron gas station and Terrible Herbst Convenience Store. CarMax is nearby. Established residential area. Perfect for fast food and other pad users. Restaurants, medical office, church and school on site. Easy access to US-95 Highway.

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Map of 5011 N Rainbow Blvd, Las Vegas, NV, 89130

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.