Rio Grande Commercial Real Estate For Lease

Rio Grande

Market Report

Number of Listings For Lease
Posted in the last 90 days
104
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
160

Rio Grande Commercial Real Estate

Find Rio Grande commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Rio Grande commercial real estate broker in Rio Grande's Top Broker Directory. Learn about Rio Grande commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Rio Grande Rates

Most commerial real estate listings for lease are in the $30's per square foot per year. The Rio Grande submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $6 per sqft per year. That's a 23% rise in rent.

Compared to the rest of the Salt Lake City commercial real estate market, the Rio Grande region has greater rates for rent, and you may need to make a great offer to be in this hot submarket.

Rio Grande Listing Supply

In the last 90 days, 462 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate space in the Rio Grande are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 160 sqft. Most buildings in this area are close to 7 floors. Most buildings in this region were built around 1919 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 folk. Commuting approximately 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