On average, listings lease in the $20's per square foot per year. The Spring Valley submarket is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 19% decrease in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Spring Valley submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 55 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the available space in the Spring Valley 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 2005 and are Class B.