Salt Lake City Retail

Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
162
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,670
As of: May 21, 2017

Salt Lake City Rates

The typical asking rate per listing is in the $20's per square foot per year. The Salt Lake City submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% rise in rent.

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

Salt Lake City Listing Supply

In the last 90 days, 162 listings have been listed, 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,670 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 5 stories. Most buildings in this area were built in 1979 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.
Research