The typical asking rate per listing is in the $20's per square foot per year. The University of Nevada region is experiencing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,370 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1978 and are Class C.
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 University of Nevada occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.