On average, listings lease in the $30's per square foot per year. The Mira Villas region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Mira Villas submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 16 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 19% of the listings in the Mira Villas are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1999 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 area. Commute by motorcycle is the most popular way to get to work amongst Mira Villas folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.