Rio Grande Industrial

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Rio Grande

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$92
Median Size (sqft)
180

Rio Grande Rates

Most listings are in the $90's per square foot per year. The Rio Grande region is seeing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Salt Lake City market, the Rio Grande region has greater rates, and you'll need to pay a premium to be in this hot region.

Rio Grande Listing Supply

In the last 90 days, 462 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the listings in the Rio Grande 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 180 sqft. Most buildings in this region are close to 7 stories. Most buildings in this market were built in 1927 and are Class B.

Rio Grande Community

Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Rio Grande residents. 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 Rio Grande.
Research