Draper Office Space

Draper

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
12,350
As of: February 24, 2017

Draper Rates

The typical asking rate per listing is in the $20's per square foot per year. The Draper region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decrease in rent.

Draper Listing Supply

In the last 90 days, 25 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available space in the Draper are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 12,350 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 2000 and are Class A.

Draper Community

Market Report

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

Market Data

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