Summerlin Retail Space

Summerlin

Market Report

Number of Listings
Posted in the last 90 days
52
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,500

Summerlin Rates

The typical asking rate per listing is in the $40's per square foot per year. The Summerlin submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 15% rise in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Summerlin Listing Supply

In the last 90 days, 508 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Summerlin are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1998 and are Class A.

Summerlin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Summerlin residents. Commuting between 30 and 45 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 Summerlin.
Research