On average, listings lease in the $30's per square foot per year. The Lehi submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
In the last 90 days, 33 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 18% of the listings 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 3,480 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 2008 and are Class A.