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Date post: 07-Feb-2022
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EXECUTIVE SUMMARY CBRE is pleased to represent improved pad sites available for sale located at the northeast corner of Rainbow Boulevard and Russell Road. The property is centrally located within the fastest growing area of Southern Nevada near the masterplanned Summerlin and Spring Valley communities. This location offers convenient access to the I-215 beltway, McCarran International Airport, and the Las Vegas “Strip”. These pads are adjacent to the Kindred Transitional Care and Rehabilitation Center and Spring Valley Hospital, which serves current and future residential development in the area (including over 6,000 new residential units and 7,149 new multifamily units within the Southwest Las Vegas submarket). CONTACT US KEITH SPENCER First Vice President +1 702 369 4810 [email protected] DEREK RAFIE First Vice President +1 702 369 4838 derek.rafi[email protected] PAD SITES NEC RAINBOW BLVD AND RUSSELL ROAD LAS VEGAS, NV 89119 AVAILABLE FOR SALE Land | Advisory & Transaction Services SPRING VALLEY HOSPITAL DEWEY DRIVE RUSSELL ROAD SANTA MARGARITA ST. W. DIABLO DR. RAINBOW BOULEVARD KINDRED TRANSITIONAL CARE REDWOOD STREET JACK IN THE BOX TACO BELL DOLLAR GENERAL MARKET NEVADA STATE BANK PAD B PAD A FUTURE EXPANSION OF SPRING VALLEY HOSPITAL RAINBOW MEDICAL CENTER
Transcript

EXECUTIVE SUMMARY

CBRE is pleased to represent improved pad sites available for

sale located at the northeast corner of Rainbow Boulevard and

Russell Road. The property is centrally located within the fastest

growing area of Southern Nevada near the masterplanned

Summerlin and Spring Valley communities. This location offers

convenient access to the I-215 beltway, McCarran International

Airport, and the Las Vegas “Strip”. These pads are adjacent to the

Kindred Transitional Care and Rehabilitation Center and Spring

Valley Hospital, which serves current and future residential

development in the area (including over 6,000 new residential

units and 7,149 new multifamily units within the Southwest Las

Vegas submarket).

CONTACT USKEITH SPENCERFirst Vice President+1 702 369 [email protected]

DEREK RAFIEFirst Vice President+1 702 369 [email protected]

PAD SITESNEC RAINBOW BLVD AND RUSSELL ROADLAS VEGAS, NV 89119

AVAILABLE FOR SALE

Land | Advisory & Transaction Services

SPRING VALLEY HOSPITAL

DEWEY DRIVE

RUSSELL ROAD

SA

NTA

MA

RG

AR

ITA

ST.

W. DIABLO DR.

RA

INB

OW

BO

ULE

VA

RD

KINDRED TRANSITIONAL

CARE

RED

WO

OD

STR

EET

JACK IN THE BOX

TACO BELL

DOLLAR GENERAL MARKET

NEVADA STATE BANK

PAD

BPAD

A

FUTURE EXPANSION OF SPRING VALLEY

HOSPITAL

RAINBOW MEDICAL CENTER

© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

PROPERTY HIGHLIGHTS

AVAILABLE FOR SALEPAD SITES

NEC RAINBOW AND RUSSELL ROADLAS VEGAS, NV 89119

DEMOGRAPHICS I MILE RADIUS

3 MILE RADIUS

5 MILE RADIUS

2016 Est. Population 11,346 131,120 326,867

2016 Est. Households 4,569 52,374 127,394

2016 Est. Avg. Household Income

$76,624 $66,118 $67,935

Land | Advisory & Transaction Services

+ APN: 163-26-405-001 (portion of)

+ Pad A = ±1.35 acres (±63,597 SF) Price: SUBMIT

+ Pad B = ±1.46 acres (±58,806 SF) Price: SUBMIT

+ Seller will consider subdividing pads

+ Zoned: C-2 (General Commercial)

+ Located on a signalized double section line corner

+ Pads are served by utility stubs

+ Adjacent to Spring Valley Hospital and the Kindred Transitional Care and Rehabilitation Center

+ Excellent visibility along Rainbow Blvd and Russell Road

+ Located just over 1 mile north of the I-215 freeway

+ Near the newly-opened 351,000 square foot IKEA store, new class A office buildings, financial, gaming and entertainment corporate headquarters, and auto dealerships

+ There are approximately 6,026 new residential units nearby that have been approved for construction over the next 2 years, in addition to 7,149 new multifamily units within the Southwest Las Vegas submarket. The new 40,000 sq. ft. headquarters of the Greater Las Vegas Association of Realtors is under construction less than a mile south on Rainbow Blvd.

+ Clark County has begun the expansion of Rainbow Blvd. to three lanes in both directions to the I-215

AVAILABLE FOR SALEPAD SITES

NEC RAINBOW AND RUSSELL ROADLAS VEGAS, NV 89119

Land | Advisory & Transaction Services

2015 TRAFFIC COUNTS: AVERAGE CARS PER DAY

Rainbow Bl, .1 mi S of SR-593(Tropicana Av)

43,500

Rainbow Bl, .6 mi S of RussellRd

40,000

Russell Rd, .1 mi E of DecaturBl

22,000


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