On average, listings lease in the $20's per square foot per year. The Sugar House region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Salt Lake City market, the Sugar House region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 9 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 280 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1982 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the folk of Sugar House work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.