Summerlin South Office Space

Summerlin South

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,700
As of: June 24, 2017

Summerlin South Rates

Most listings are in the $30's per square foot per year. The Summerlin South submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin South region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Summerlin South Listing Supply

In the last 90 days, 5 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 140% of the office spaces in the Summerlin South 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,700 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this region were built in 2007 and are Class A.

Summerlin South Community

Market Report

Trends and status of the commercial real estate market in Summerlin South.
Market Report

Market Data

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