SW Las Vegas
Las Vegas - NV USA - Industrial Submarket
Industrial real estate intelligence for the SW Las Vegas submarket. 41.8M SF of inventory with 7.1% vacancy. Data sourced from various MLS platforms.
41.8MSF
Inventory
4.5MSF
Available
7.1%
Vacancy
10.5%
Availability Rate
$16.35
Asking Rent
0.0%
Rent Growth
670KSF
12mo Absorption
1.2MSF
Under Construction
Market Metrics
12mo Delivered
2.0M SF
Under Constr % of Inv
2.9%%
Sale Price/SF
$258
Cap Rate
5.9%%
12mo Sales Volume
$229,792,722
Sales Vol Growth
-22.8%
Asset Value
$11,116,842,028
Net Absorption
+670K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| LAS1 Data Center | $17.2M | 56,379 | DataBank |
| NAS7 | $32.7M | 342,105 | Switch, Inc. |
| LAS15 | $18.9M | 257,910 | Switch, Inc. |
| Switch NAP 8 | $10.7M | 440,000 | Switch, Inc. |
| Switch LAS 11 | $8.9M | 234,078 | Switch, Inc. |
Data Centre Development Potential
Moderate vacancy (7.1%) in SW Las Vegas suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.2M SF indicates developer confidence in the submarket. Positive net absorption of 670K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Las Vegas - NV USA
Evaluating SW Las Vegas for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.