Seven Hills Office Space

Seven Hills

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,620
As of: July 21, 2017

Seven Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Seven Hills submarket is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Seven Hills region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Seven Hills Listing Supply

In the last 90 days, 4 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 300% of the office spaces in the Seven Hills 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 1,620 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 2003 and are Class A.

Seven Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the residents of Seven Hills work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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