Sugar House Office Space

Sugar House

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
280
As of: December 10, 2016

Sugar House Rates

On average, listings lease in the $20's per square foot per year. The Sugar House submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.

Compared to the rest of the Salt Lake City market, the Sugar House submarket 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, 9 listings have come on the market, which means office spaces 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 280 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1982 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 residents 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