Lehi Sublease

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Lehi

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
5,420
As of: December 10, 2016

Lehi Rates

The typical asking rate per listing is in the $30's per square foot per year. The Lehi submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.

Lehi Listing Supply

In the last 90 days, 25 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 24% of the available space in the Lehi 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,420 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this area were built in 2010 and are Class A.

Lehi Community

Market Report

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

Market Data

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