On average, listings lease in the $30's per square foot per year. The Cottonwood Heights region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 6 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Cottonwood Heights are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 5 floors. Most buildings in this area were built in 1991 and are Class A.