Most listings are in the $30's per square foot per year. The Southern Terrace submarket is going through a a boost in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Southern Terrace submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Southern Terrace are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,740 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 2007 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Southern Terrace folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.