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Starbucks

$3,474,000

5860 S Rainbow Blvd, Las Vegas, NV 89118

Active
Last Updated: 03/13/2025

4.75

Cap Rate

2,161 sqft

Building Size

Details:
Cap Rate:    4.75%
Building Size:    2,161 sqft
Lot Area:    24,890 sqft
Lease Type:    Triple Net
Year Built:    2025
Tenancy:    Single
Highlights:
  • 10-year corporate net lease featuring 10% rental increases every 5 years throughout the base term and options
  • Brand-new 2025 build-to-suit construction with drive-thru
  • Subject property is part of a 5-building development located at W Oquendo Road & S Rainbow Road exposed to significant traffic counts – 50,000+ VPD
  • Dense residential area – 361,516 residents within a 5-mile radius of the subject property
  • Affluent market – $119,929 average household incomes within a 1-mile radius of the subject property
  • Just 6 miles from the Las Vegas Strip – 40M+ annual visitors
Description:

A 10-year corporate Starbucks featuring 10% rental increases throughout the base term and options. The subject property is part of a 5-parcel retail development which includes Conoco Phillips and USA Auto Service as well as a future dermatologist tenant and inline retail strip building.

Map:
Documents:
Title
Starbucks_LasVegasNV.pdf
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