The typical asking rate per listing is in the $10's per square foot per year. The Spanish Fork region is seeing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year.
In the last 90 days, 25 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 16% of the available leases in the Spanish Fork are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 960 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1990 and are Class A.
Real time and historical data on commercial real estate listings in Spanish Fork.
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