Summerlin South Sublease

Summerlin South

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,780
As of: June 25, 2017

Summerlin South Rates

On average, listings lease in the $30's per square foot per year. The Summerlin South region is experiencing a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.

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

Summerlin South Listing Supply

In the last 90 days, 5 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Summerlin South 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this region were built in 2007 and are Class A.

Summerlin South Community

Market Report

Trends and status of the commercial real estate market in Summerlin South.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Summerlin South.
Research