Utah Sublease

Utah

Office Space Market Report

Number of Listings (last 90 days)
670
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,730
As of: August 17, 2017

Utah Rates

The typical asking rate per listing is in the $20's per square foot per year. The Utah region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Utah Listing Supply

In the last 90 days, 670 listings have been made available, so you'll want to check back regularly for new listings. About 68% of the available space in the Utah 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,380 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1996 and are Class B.

Utah Community

Market Report

Trends and status of the commercial real estate market in Utah.
Market Report

Market Data

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