05/29/2026
Las Vegas retail asking rents grew 47.5% year-over-year, from $22.31/SF in Q4 2024 to $32.91/SF in Q4 2025. That's nearly 50 percentage points above the national average of โ1.0%.
The top tenant by starting rent for Las Vegas deals completed in 2025? Sunglass Hut at $440/SF. ๐ถ๏ธ
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