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 56,214,080 7,414,670 21,379,042 1,273,662 26,146,706
Office Market Vacant Space 8,149,774 1,166,444 2,807,391 169,600 4,006,339
Office Market Vacancy Rate 14.5% 15.7% 13.1% 13.3% 15.3%
Office Market Avg. Asking Rents PSF $2.03 $2.10 $2.08 $1.83 $1.98
Office Market Completions 0 0 0 0 0
Office Market Net Absorption 303,880 68,848 67,298 275 167,459
Office Market Planned Space 2,384,282 175,000 226,996 12,000 1,970,286
Office Market Under Construction Space 342,949 158,832 0 29,600 154,517