South Salt Lake City Office Space

South Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
1,900
As of: June 25, 2017

South Salt Lake City Rates

On average, listings lease in the $10's per square foot per year. The South Salt Lake City submarket is going through a an increase in rates. In the last 3 months, the median rate went up $14 per sqft per year.

South Salt Lake City Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 175% of the listings in the South Salt Lake City are subleases, so you might be able to find a shorter term or below market rent. 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 1,900 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1975 and are Class C.

South Salt Lake City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Salt Lake City occupants. 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 South Salt Lake City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Salt Lake City.
Research

South Salt Lake Submarkets