Sovana Industrial

Sovana

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
6,900

Sovana Rates

Most listings are in the $10's per square foot per year. The Sovana submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Sovana submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Sovana Listing Supply

In the last 90 days, 55 listings have been made available, so you'll want to check back regularly for new listings. About 13% of the available space in the Sovana are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,900 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 2006 and are Class A.

Sovana Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Sovana folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Sovana.
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