Arts District Commercial Real Estate For Lease

Arts District

Market Report

Number of Listings For Lease
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
250

Arts District Commercial Real Estate

Find Arts District commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Arts District commercial real estate broker in Arts District's Top Broker Directory. Learn about Arts District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Arts District Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Arts District submarket is seeing a decrease in rates. In the last 3 months, the median rate for lease decreased $4 per sqft per year.

Compared to the rest of the Las Vegas–Henderson–Paradise commercial real estate market, the Arts District submarket has greater rates for rent, and you may have to negotiate above asking rent to be in this hot region.

Arts District Listing Supply

In the last 90 days, 10 commercial real estate listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 250 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built around 1978 and are Class A.

Arts District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Arts District 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 Arts District.
Research