Summerlin Retail

Summerlin

Office Space Market Report

Number of Listings (last 90 days)
70
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,610
As of: January 23, 2017

Summerlin Rates

On average, listings lease in the $30's per square foot per year. The Summerlin region is going through a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 70% rise in rent.

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

Summerlin Listing Supply

In the last 90 days, 70 listings have been posted online, so you'll want to check back regularly for new listings. 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 2,610 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area 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 region. 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