Centennial Hills Office Space

Centennial Hills

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
980
As of: February 24, 2017

Centennial Hills Rates

Most listings are in the $30's per square foot per year. The Centennial Hills region is going through a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 34% rise in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Centennial Hills submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Centennial Hills Listing Supply

In the last 90 days, 27 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 980 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market 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 market. Commute by public transit is the most popular way to get to work amongst Centennial Hills occupants. Commuting approximately 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