The typical asking rate per listing is in the $20's per square foot per year. The Spring Valley region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Spring Valley submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 750 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Spring Valley are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,770 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Spring Valley.
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