Summerlin Office Space

Summerlin

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,600
As of: December 3, 2016

Summerlin Rates

The typical asking rate per listing is in the $20's per square foot per year. The Summerlin submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 41% decline in rent.

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

Summerlin Listing Supply

In the last 90 days, 35 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1997 and are Class A.

Summerlin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Summerlin occupants. 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 Summerlin.
Market Report

Market Data

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