Nevada Industrial

Nevada

Office Space Market Report

Number of Listings (last 90 days)
196
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
800
As of: August 17, 2017

Nevada Rates

The typical asking rate per listing is in the $10's per square foot per year. The Nevada region is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decline in rent.

Nevada Listing Supply

In the last 90 days, 22 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 45% of the available leases in the Nevada are subleases, so you might be able to snag a great spot on a short term. 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 measurement for office space in this area is around 800 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1988 and are Class A.

Nevada Community

Market Report

Trends and status of the commercial real estate market in Nevada.
Market Report

Market Data

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