Draper Retail

Draper

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,490
As of: August 21, 2017

Draper Rates

The typical asking rate per listing is in the $20's per square foot per year. The Draper submarket is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 17% decline in rent.

Draper Listing Supply

In the last 90 days, 22 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 18% of the listings in the Draper 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 1,490 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 2001 and are Class B.

Draper Community

Market Report

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

Market Data

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