Most listings are in the $20's per square foot per year. The Sugar House submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Salt Lake City market, the Sugar House submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 9 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 280 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1982 and are Class C.
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 region. Most of the folk 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.