South Salt Lake City Sublease

South Salt Lake City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
1,900
As of: July 24, 2017

South Salt Lake City Rates

Most listings are in the $10's per square foot per year. The South Salt Lake City region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

South Salt Lake City Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the South Salt Lake City 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 area are around 2 stories. Most buildings in this area were built in 1975 and are Class C.

South Salt Lake City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst South Salt Lake City residents. 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 South Salt Lake City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Salt Lake City.
Research

South Salt Lake Submarkets