Southern Highlands Sublease

Southern Highlands

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
20,000
As of: June 22, 2017

Southern Highlands Rates

On average, listings lease in the $20's per square foot per year. The Southern Highlands submarket is going through a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year.

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

Southern Highlands Listing Supply

In the last 90 days, 3 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Southern Highlands 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 posted, so finding a space for a small business might be tough.

Even though the median size is 20,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 2006 and are Class A.

Southern Highlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Southern Highlands occupants. Commuting close to 30 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 Southern Highlands.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southern Highlands.
Research

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