East Central Office Space

East Central

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,500
As of: December 2, 2016

East Central Rates

The typical asking rate per listing is in the $20's per square foot per year. The East Central region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Salt Lake City market, the East Central region has higher rates, and you'll need to pay a premium to be in this hot submarket.

East Central Listing Supply

In the last 90 days, 4 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,580 sqft. Most properties in this market are approximately 8 floors. Most buildings in this market were built in 1965 and are Class B.

East Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst East Central occupants. Commuting approximately 30 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 East Central.
Market Report

Market Data

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