On average, listings lease in the $20's per square foot per year. The Salt Lake City region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Salt Lake City market, the Salt Lake City submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 115 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Salt Lake City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 5 stories. Most buildings in this area were built in 1979 and are Class B.