Rainbow Promenade Signs $718,199 Retail Lease

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Rainbow Promenade Signs $718,199 Retail LeaseHan Cheng LLC signed a 10-year, $718,199 lease for 4,992 square feet of retail space inside Rainbow Promenade, on 21.08 acres, at 1251 N. Rainbow Blvd., Suite 102, in Las Vegas. Classic Realty Group’s J. Michael Griffin represented the lessee; Colliers International’s Scot Marker represented the lessors, PKI Rainbow Promenade LLC and Kimco Realty Corp. The reported average rent equals $1.20 per square foot triple net.