Downtown Salt Lake City Industrial

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Downtown Salt Lake City

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
750

Downtown Salt Lake City Rates

Most listings are in the $80's per square foot per year. The Downtown Salt Lake City region is experiencing a a rise in rates. In the last 3 months, the median rate went up $49 per sqft per year. That's a 132% increase in rent.

Compared to the rest of the Salt Lake City market, the Downtown Salt Lake City region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Downtown Salt Lake City Listing Supply

In the last 90 days, 651 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available space in the Downtown Salt Lake City 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 580 sqft. Most properties in this area are approximately 6 floors. Most buildings in this area were built in 1974 and are Class B.

Downtown Salt Lake City Community

A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Salt Lake City residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Salt Lake City.
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