Sugar House Office Space

Sugar House

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,380
As of: May 22, 2017

Sugar House Rates

Most listings are in the $20's per square foot per year. The Sugar House region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.

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

Sugar House Listing Supply

In the last 90 days, 11 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,570 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1984 and are Class C.

Sugar House Community

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 occupants 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.

Market Report

Trends and status of the commercial real estate market in Sugar House.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sugar House.
Research