On average, listings lease in the $30's per square foot per year. The South Valley region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
In the last 90 days, 328 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the South Valley 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,630 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South Valley folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.