On average, listings lease in the $10's per square foot per year. The St. George submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 28% decline in rent.
In the last 90 days, 44 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available space in the St. George are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1998 and are Class B.
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. Commute by car is the most popular way to get to work amongst St. George residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.