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 56,703,748 7,550,302 21,379,405 1,319,262 26,454,779
Office Market Vacant Space 9,446,180 1,297,609 3,276,156 221,183 4,651,232
Office Market Vacancy Rate 16.7% 17.2% 15.3% 16.8% 17.6%
Office Market Avg. Asking Rents PSF $2.08 $2.20 $2.04 $1.88 $2.07
Office Market Completions 0 0 0 0 0
Office Market Net Absorption -110,455 -22,367 -10,874 -13,288 -63,926
Office Market Planned Space 1,462,674 139,586 26,996 12,000 1,292,102
Office Market Under Construction Space 811,724 300,000 0 0 511,724