Most listings are in the $20's per square foot per year. The Sugar House region is experiencing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 35% increase in rent.
Compared to the rest of the Salt Lake City market, the Sugar House region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been made available, which means new listings most likley are leasing quickly. 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.
Even though the median size is 2,710 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1984 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the folk of Sugar House work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.