The typical asking rate per listing is in the $30's per square foot per year. The Summerlin submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 75 listings have been made available, so you'll want to check back regularly for new listings. About 103% of the available leases in the Summerlin are subleases, so you might be able to find a shorter term or below market rent. 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 2,980 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Summerlin occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.