Rhodes Ranch Office Space

5375 S Fort Apache Rd Unit 101 & Ground Lease
Rhodes Ranch, Spring Valley, NV
Parcel number 16330718004 is a 25,700 square foot parcel with a 4,000 square foot ground lease available. The Spanish Hills Plaza is located on West Hacienda and South Fort Apache Road. Located across from the Tropicana Beltway Center, this property sees roughly +47,000 cars per day on S. Fort Apache in addition to the +40,000 cars Hacienda sees per day. In addition to the heavy traffic that generates interest in this local location, just half a mile away is the Tropicana Beltway Center. This super center is anchored by a Walmart, Ross Dress for Less, Lowes and an Office Depot. Within the Spanish Hills Plaza, this vacant space is located within a prime business and residental area. In the lot resides a Shell Gas station, TrimFit weightloss center, Yorky's and Check City, as well as current a popular national tenants as neighboors. Overall this vacant space is in a prime location for any and all business ideas. Reach your retail customers through the Tropicana Beltway, or focus on an Office or Medical use with your neighbor tenant; TrimFit. APN #16330718004: This parcel has extremely good frontage and would make a great buildout for a drive thru location. General setup and improvements currently exists, including; curbing, parking, landscaping, as well as building footprint and utilities. With quick and easy access and prime visibility from S. Fort Apache, this ground lease is the perfect opportunity to build what you need, in the way you need it. Suite 101: 2nd generation Doctor's office - move in ready with lobby space, check in room, and patient rooms.

Rhodes Ranch

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,230
As of: May 19, 2017

Rhodes Ranch Rates

Most listings are in the $20's per square foot per year. The Rhodes Ranch region is going through a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 19% rise in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Rhodes Ranch submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Rhodes Ranch Listing Supply

In the last 90 days, 12 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the listings in the Rhodes Ranch are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,230 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 2006 and are Class A.

Rhodes Ranch Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the residents of Rhodes Ranch work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Rhodes Ranch.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rhodes Ranch.
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