Most listings are in the $20's per square foot per year. The Sugar House submarket is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Salt Lake City market, the Sugar House region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 79 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available leases in the Sugar House 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1984 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the folk of Sugar House work from home. Commuting under 5 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 Sugar House.
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