On average, listings lease in the $20's per square foot per year. The Glendale submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Salt Lake City market, the Glendale region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 9 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Glendale 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 posted, so finding a space for a small business might be tough.
Even though the median size is 10,080 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the residents of Glendale work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.