The typical asking rate per listing is in the $30's per square foot per year. The Lehi submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 31 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the Lehi 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 7,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this area were built in 2010 and are Class A.