On average, listings lease in the $20's per square foot per year. The Cottonwood Heights submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 26% decline in rent.
In the last 90 days, 6 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,050 sqft. Most properties in this region are around 5 floors. Most buildings in this market were built in 1991 and are Class A.