The typical asking rate per listing is in the $20's per square foot per year. The Summerlin region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Summerlin are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 area are around 2 stories. Most buildings in this area were built in 1997 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 market. Commute by public transit is the most popular way to get to work amongst Summerlin folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.