The typical asking rate per listing is in the $0's per square foot per year. The Spring Valley submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 2009 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Spring Valley occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.