The typical asking rate per listing is in the $20's per square foot per year. The Summerlin submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Summerlin region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Summerlin are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,870 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1997 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Summerlin residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.