Southern Terrace Office Space

Southern Terrace

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,950

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

Southern Terrace Listing Supply

In the last 90 days, 38 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 16% of the office spaces in the Southern Terrace are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,950 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 2007 and are Class A.

Southern Terrace Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southern Terrace occupants. Commuting under 5 minutes 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 Southern Terrace.
Research