On average, listings lease in the $10's per square foot per year. The South Salt Lake submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 4 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the South Salt Lake are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1975 and are Class C.