On average, listings lease in the $20's per square foot per year. The Spring Valley submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 19% decline in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Spring Valley submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 68 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Spring Valley are subleases, so you will probably have to consider a longer term lease. 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 3,100 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this region were built in 2005 and are Class B.