Most listings are in the $20's per square foot per year. The Sugar House region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Salt Lake City market, the Sugar House region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 11 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,570 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1984 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 market. Most of the occupants 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.