The Strip Office Space

The Strip

Office Space Market Report

Number of Listings (last 90 days)
80
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
4,610
As of: August 18, 2017

The Strip Rates

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

The Strip Listing Supply

In the last 90 days, 80 listings have been posted online, so you'll want to check back regularly for new listings. About 89% of the available leases in the The Strip 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,610 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1988 and are Class B.

The Strip Community

A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst The Strip 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 The Strip.
Market Report

Market Data

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

Paradise Submarkets