3223 North Rainbow Boulevard — Lease in Las Vegas, NV

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Las Vegas, NV 89108
  • Year built: 1987

Description

Market Context

This retail in Las Vegas, NV is listed for lease. The building dates to 1987. It has been on the market for 113 days. Compare it against other retail listings for lease in Las Vegas, NV — view the full market.

As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Las Vegas?
About 6.5% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.89/SF/mo – $2.55/SF/mo

Mid: $2.22/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

  • Scot Marker
  • Nadia Mumtaz

Explore this market

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