Centennial Hills Office Space

Centennial Hills

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,210
As of: June 23, 2017

Centennial Hills Rates

Most listings are in the $20's per square foot per year. The Centennial Hills region is experiencing a a rise in rates. In the last 3 months, the median rate went up $29 per sqft per year.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Centennial Hills region has higher rates, and you'll need to make a great offer to be in this hot region.

Centennial Hills Listing Supply

In the last 90 days, 36 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 86% of the available leases in the Centennial Hills 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,210 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 2005 and are Class B.

Centennial Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Centennial Hills occupants. Commuting close to 20 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 Centennial Hills.
Market Report

Market Data

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