Northwest Area Retail

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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: July 22, 2017

Northwest Area Rates

On average, listings lease in the $10's per square foot per year. The Northwest Area submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.

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

Northwest Area Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Northwest Area are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, 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 properties in this region are approximately 2 floors. 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 area. Most of the folk of Northwest Area work from home. Commuting around 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