Most listings are in the $20's per square foot per year. The Jordan Meadows region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Salt Lake City market, the Jordan Meadows submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the available leases in the Jordan Meadows are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 16,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1983 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Jordan Meadows occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Jordan Meadows.
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