On average, listings lease in the $20's per square foot per year. The University of Nevada region is experiencing a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 1 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,370 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1978 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst University of Nevada folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.