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)
4,520
As of: March 12, 2017

The Strip Rates

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

The Strip Listing Supply

In the last 90 days, 80 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the The Strip are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,520 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1987 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 region. Commute by bike is the most popular way to get to work amongst The Strip folk. 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