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 55,949,634 7,336,685 21,313,453 1,324,662 25,974,834
Office Market Vacant Space 9,500,633 1,340,400 3,217,076 239,171 4,703,986
Office Market Vacancy Rate 17.0% 18.3% 15.1% 18.1% 18.1%
Office Market Avg. Asking Rents PSF $2.00 $2.08 $2.02 $1.69 $1.97
Office Market Completions 0 0 0 0 0
Office Market Net Absorption 101,290 -49,902 91,044 2,449 57,699
Office Market Planned Space 2,957,872 195,000 1,062,464 0 1,700,408
Office Market Under Construction Space 244,136 23,832 36,599 0 183,705