Nevada Commission on Economic Development
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Construction/Lease Costs

Comparison of Western Industrial Real Estate Prices
Based only on 60,000 - 99,999 sf

 
Sales Prices
($/sf)

Net Lease Prices
($/sf)

Constuction
($/sf)

Albuquerque
$45 $4.50 $35
*Las Vegas
$42 $3.84 $25
Reno/Sparks
$34 $3.16 $31
Phoenix $45 $4.25 $40
Sacramento $34 $3.36 $27
Salt Lake City $31.65 $3.36 $27
San Diego $55.51 $6.54 $36.75
San Jose $122.50 $12.50 $105

Averages from Society of Industrial and Office Realtors 2000 Comparative Statistics of Industrial and Office Real Estate

*Las Veags rates are based on 1999 data


 


 


 

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Copyright © 2004
Nevada Commission on Economic Development
A State of Nevada Agency
108 E. Proctor • Carson City, NV 89701
555 E. Washington • Las Vegas, NV 89101