Summerlin Commercial Real Estate

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Regus
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9436 W Lake Mead Blvd - 3 Spaces Las Vegas, NV Onsite Parking.
Jul 20
2,560 - 3,840
sqft
Retail
222 S Rainbow Blvd - Unit 113/114 Las Vegas, NV lobby
Jun 12
1,620
sqft
Office

Summerlin

Market Report

Number of Listings
Posted in the last 90 days
13
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,040

Summerlin Rates

Most listings are in the $30's per square foot per year. The Summerlin submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin region has more expensive rates, and you'll have to negotiate above asking rent 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 13% of the office spaces in the Summerlin 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,980 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 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 market. Commute by public transit is the most popular way to get to work amongst Summerlin occupants. 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