On average, listings lease in the $20's per square foot per year. The Rhodes Ranch submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Las Vegas–Henderson–Paradise market, the Rhodes Ranch submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 12 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 92% of the available space in the Rhodes Ranch 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 3,230 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 2006 and are Class A.
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 market. Most of the residents of Rhodes Ranch work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.