Compared to the rest of the Las Vegas–Henderson–Paradise market, the Southern Terrace submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Southern Terrace 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this region 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.