Draper Office Space

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Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Draper Rates

On average, listings lease in the $20's per square foot per year. The Draper submarket is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 27% decrease in rent.

Draper Listing Supply

In the last 90 days, 22 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available leases in the Draper 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 posted, so finding a space for a small business might be tough.

Even though the median size is 13,250 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market 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.