Compared to the rest of the Las Vegas–Henderson–Paradise market, the Downtown Las Vegas region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Downtown Las Vegas are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,560 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1963 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Las Vegas occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.