East Central Retail

East Central

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,500
As of: December 8, 2016

East Central Rates

On average, listings lease in the $20's per square foot per year. The East Central region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 17% decrease in rent.

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

East Central Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces are probably 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.

Even though the median size is 5,500 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 8 stories. Most buildings in this region were built in 1965 and are Class B.

East Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst East Central occupants. Commuting close to 30 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 East Central.
Market Report

Market Data

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