On average, listings lease in the $30's per square foot per year. The Holladay submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 23 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 22% of the office spaces in the Holladay 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.
The standard measurement for office space in this area is around 1,750 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 2000 and are Class A.