Office, Industrial & Retail Market

Office Market

Indicator Las vegas
valley
City of
henderson
city of
las vegas
city of
north las vegas
unincorp.
clark county
Office Market Inventory 55,946,589 7,324,044 21,279,428 1,273,662 26,069,455
Office Market Vacant Space 8,407,099 1,207,019 2,867,932 171,382 4,160,766
Office Market Vacancy Rate 15.0% 16.5% 13.5% 13.5% 16.0%
Office Market Avg. Asking Rents PSF $2.03 $2.12 $2.08 $1.84 $1.97
Office Market Completions 127,500 0 0 0 127,500
Office Market Net Absorption 313,548 13,684 83,105 16,293 200,466
Office Market Planned Space 2,454,623 75,000 264,096 12,000 2,103,527
Office Market Under Construction Space 374,110 173,832 16,232 29,600 154,446