Northwest Area Office Space

Northwest Area

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,120
As of: August 21, 2017

Northwest Area Rates

The typical asking rate per listing is in the $10's per square foot per year. The Northwest Area region is going through a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Northwest Area submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Northwest Area Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Northwest Area are subleases, so you might be able to find a shorter term or below market rent. 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 1,120 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 2007 and are Class B.

Northwest Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the residents of Northwest Area work from home. Commuting close to 15 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 Northwest Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest Area.
Research