Salt Lake City Office Space

Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
162
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,870
As of: June 23, 2017

Salt Lake City Rates

Most listings are in the $30's per square foot per year. The Salt Lake City region is seeing a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Compared to the rest of the Salt Lake City market, the Salt Lake City submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Salt Lake City Listing Supply

In the last 90 days, 162 listings have been posted online, so you'll want to check back regularly for new listings. About 91% of the listings in the Salt Lake City are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,020 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 5 stories. Most buildings in this region were built in 1978 and are Class B.

Salt Lake City Community

Market Report

Trends and status of the commercial real estate market in Salt Lake City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Salt Lake City.
Research