Glendale Retail

Glendale

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
5,350
As of: July 27, 2017

Glendale Rates

The typical asking rate per listing is in the $20's per square foot per year. The Glendale submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% rise in rent.

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

Glendale Listing Supply

In the last 90 days, 8 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 138% of the office spaces in the Glendale are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,350 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 2001 and are Class A.

Glendale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Most of the occupants of Glendale work from home. Commuting close to 15 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 Glendale.
Market Report

Market Data

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