Utah Office Space

Utah

Office Space Market Report

Number of Listings (last 90 days)
749
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,780
As of: February 26, 2017

Utah Rates

On average, listings lease in the $20's per square foot per year. The Utah submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Utah Listing Supply

In the last 90 days, 734 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available leases in the Utah are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,860 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 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