Summerlin Sublease

Summerlin

Office Space Market Report

Number of Listings (last 90 days)
75
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
3,040
As of: June 21, 2017

Summerlin Rates

The typical asking rate per listing is in the $30's per square foot per year. The Summerlin region is seeing a an increase in rates. In the last 3 months, the median rate rose $37 per sqft per year.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Summerlin Listing Supply

In the last 90 days, 75 listings have come on the market, so you'll want to check back regularly for new listings. About 123% of the office spaces in the Summerlin 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,040 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1998 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 area. Commute by public transit is the most popular way to get to work amongst Summerlin folk. 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