South Salt Lake City Retail

South Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
6,250
As of: February 24, 2017

South Salt Lake City Rates

Most listings are in the $30's per square foot per year. The South Salt Lake City region is going through a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year.

South Salt Lake City Listing Supply

In the last 90 days, 4 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the South Salt Lake City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,250 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1976 and are Class C.

South Salt Lake City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst South Salt Lake City residents. Commuting under 5 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 South Salt Lake City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Salt Lake City.
Research

South Salt Lake Submarkets