Salt Lake City Retail

Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Salt Lake City Rates

Most listings are in the $20's per square foot per year. The Salt Lake City region is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Salt Lake City market, the Salt Lake City submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Salt Lake City Listing Supply

In the last 90 days, 126 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available leases in the Salt Lake City are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,020 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this area were built in 1980 and are Class B.

Salt Lake City Community

Market Report

Trends and status of the commercial real estate market in Salt Lake City.
Market Report

Market Data

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