On average, listings lease in the $30's per square foot per year. The Salt Lake City region is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Salt Lake City market, the Salt Lake City submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 162 listings have come on the market, so you'll want to check back regularly for new listings. About 84% of the available space in the Salt Lake City 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,030 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 5 floors. Most buildings in this region were built in 1978 and are Class B.