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
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