Salt Lake City Industrial

Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
162
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,030
As of: August 21, 2017

Salt Lake City Rates

On average, listings lease in the $30's per square foot per year. The Salt Lake City region is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Salt Lake City market, the Salt Lake City submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Salt Lake City Listing Supply

In the last 90 days, 162 listings have come on the market, so you'll want to check back regularly for new listings. About 84% of the available space in the Salt Lake City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,030 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 5 floors. Most buildings in this region were built in 1978 and are Class B.

Salt Lake City Community

Market Report

Trends and status of the commercial real estate market in Salt Lake City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Salt Lake City.
Research