Utah Industrial

Utah

Office Space Market Report

Number of Listings (last 90 days)
745
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,980
As of: January 22, 2017

Utah Rates

On average, listings lease in the $20's per square foot per year. The Utah submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.

Utah Listing Supply

In the last 90 days, 747 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available space in the Utah are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,980 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1996 and are Class B.

Utah Community

Market Report

Trends and status of the commercial real estate market in Utah.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Utah.
Research