Lehi Office Space

Lehi

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
7,800
As of: February 28, 2017

Lehi Rates

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.

Lehi Listing Supply

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.

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