Lehi Office Space

Lehi

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
6,680
As of: March 11, 2017

Lehi Rates

The typical asking rate per listing is in the $30's per square foot per year. The Lehi submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

Lehi Listing Supply

In the last 90 days, 29 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 31% of the available leases in the Lehi are subleases, so you might be able to find a shorter term or below market rent. 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 6,680 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this market were built in 2010 and are Class A.

Lehi Community

Market Report

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

Market Data

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