Sugar House Sublease

Sugar House

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,300
As of: June 24, 2017

Sugar House Rates

The typical asking rate per listing is in the $20's per square foot per year. The Sugar House region is seeing a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year.

Compared to the rest of the Salt Lake City market, the Sugar House submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Sugar House Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 73% of the listings in the Sugar House 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 3,120 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1984 and are Class C.

Sugar House Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of Sugar House work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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