The Strip Sublease

The Strip

Office Space Market Report

Number of Listings (last 90 days)
80
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
4,610
As of: July 28, 2017

The Strip Rates

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

The Strip Listing Supply

In the last 90 days, 80 listings have been listed, so you'll want to check back regularly for new listings. About 90% of the available space in the The Strip are subleases, so you might be able to find a shorter term or below market rent. 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 4,580 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1988 and are Class B.

The Strip Community

A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst The Strip 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 The Strip.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Strip.
Research

Paradise Submarkets