Most listings are in the $30's per square foot per year. The South Valley submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 308 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available space in the South Valley are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,110 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1980 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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.