Central City Office Space

Central City

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,250
As of: August 15, 2017

Central City Rates

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

Central City Listing Supply

In the last 90 days, 32 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 56% of the available space in the Central City 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 4,250 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 1979 and are Class B.

Central City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Central City occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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