Downtown Las Vegas Sublease

Downtown Las Vegas

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
5,340
As of: March 29, 2017

Downtown Las Vegas Rates

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Downtown Las Vegas submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Downtown Las Vegas Listing Supply

In the last 90 days, 18 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Downtown Las Vegas 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,560 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1963 and are Class C.

Downtown Las Vegas Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Las Vegas occupants. Commuting close to 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 Downtown Las Vegas.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Las Vegas.
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