East Central Industrial Space

East Central

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
9,090

East Central Rates

The typical asking rate per listing is in the $20's per square foot per year. The East Central region is going through a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Salt Lake City market, the East Central region has more expensive rates, and you'll need to pay a premium to be in this hot region.

East Central Listing Supply

In the last 90 days, 38 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available space in the East Central are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 9,090 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 8 stories. Most buildings in this market were built in 1965 and are Class B.

East Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst East Central folk. Commuting around 30 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 East Central.
Research