On average, listings lease in the $20's per square foot per year. The Rancho Oakey submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Rancho Oakey region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1992 and are Class B.
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 bike is the most popular way to get to work amongst Rancho Oakey residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.