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6315 South Rainbow Boulevard

Syndicate MMA Acquires Retail Property In Las Vegas For $6.6 Million With Brokers Steinberg And Jacobson
SOLDRetail

Syndicate MMA Acquires Retail Property In Las Vegas For $6.6 Million With Brokers Steinberg And Jacobson

6315 South Rainbow Boulevard

$6,600,000

$366/SF

Building Size

18,000 SF

Asset Type

Retail

Closing

Oct 28, 2025

AI

A retail property located at 6315 South Rainbow Boulevard in Las Vegas, NV was sold for $6,600,000. The asset spans 18,000 square feet, resulting in a price per square foot of $367.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,600,000
  • Address: 6315 South Rainbow Boulevard
  • Market: Las Vegas, NV
  • Square Footage: 18,000
  • Price per Square Foot: $367
  • Buyer: Syndicate MMA
  • Buyer's Representative: Kevin Jacobson - Iron Will, LLC
  • Seller's Representative: Corina Towle & Hillary Steinberg - Avison Young

The transaction involved Syndicate MMA, which has been a tenant at the site since 2019. The seller was represented by brokers Hillary Steinberg and Corina Towle from Avison Young, while the buyer was represented by Kevin Jacobson from Iron Will, LLC.

Players

Hillary Steinberg

Avison Young

Broker

$6.6M

vol

2 deals

Broker
Avison Young
Avison YoungBrokerage

Las Vegas Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.40%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93