The typical asking rate per listing is in the $30's per square foot per year. The Lehi submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 25 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 24% of the available space in the Lehi 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.
Even though the median size is 5,420 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this area were built in 2010 and are Class A.