Rio Grande Retail

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151 Regent St - Unit A Rio Grande, Salt Lake City, UT rate negotiable
Aug 03
1,370
sqft
Office Retail
99 W S Temple - 4 Spaces Rio Grande, Salt Lake City, UT This listing is a nnn lease.
Aug 03
1,500 - 4,200
sqft
Office Retail

Rio Grande

Market Report

Number of Listings
Posted in the last 90 days
17
Median Rate ($/sqft/yr)
$91
Median Size (sqft)
180

Rio Grande Rates

The typical asking rate per listing is in the $90's per square foot per year. The Rio Grande region is experiencing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Salt Lake City market, the Rio Grande region has higher 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 been made available, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Rio Grande 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 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 180 sqft. Most properties in this area are approximately 7 stories. Most buildings in this region were built in 1927 and are Class B.

Rio Grande Community

Information is the dominant industry in this area. 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