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Las Vegas, Nevada

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Las Vegas
Last Updated: 11-Nov-2010		 Market Overview
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Market Research

* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 23.40 $ 39.00 $ 2.68 4.0% N/A
Class B (Secondary) $ 9.00 $ 15.00 $ 2.71 16.6% N/A
 
Suburban Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 19.00 $ 35.00 $ 2.53 29.5% N/A
Class B (Secondary) $ 18.00 $ 27.00 $ 2.07 23.0% N/A
 
Industrial
Bulk Warehouse $ 4.80 $ 18.00 $ 6.36 14.2% N/A
Manufacturing $ 6.00 $ 11.88 $ 7.56 14.3% N/A
High Tech / R&D $ 4.80 $ 12.00 $ 7.68 24.8% N/A
 
Retail
Downtown N/A N/A N/A N/A N/A
Neigborhood Service Centers $ 17.00 $ 23.00 $ 19.32 13.3% N/A
Community Power Center $ 16.00 $ 35.00 $ 21.72 11.3% N/A
Regional Malls N/A N/A N/A N/A N/A

Development Land Low () High ()
Office in CBD N/A N/A
Land in Office Parks $ 172,413 $ 802,238
Land in Industrial Parks $ 100,443 $ 212,000
Office/Industrial Land - Non-park $ 160,000 $ 430,000
Retail/Commercial Land $ 270,491 $ 501,279
Residential $ 200,464 $ 430,633

 

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