The typical asking rate per listing is in the $20's per square foot per year. The Green Valley Ranch submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 26% decrease in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Green Valley Ranch region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Green Valley 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 3,850 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 2004 and are Class B.
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 region. Commute by public transit is the most popular way to get to work amongst Green Valley Ranch residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.