St. George Sublease

St. George

Office Space Market Report

Number of Listings (last 90 days)
385
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,440
As of: August 17, 2017

St. George Rates

The typical asking rate per listing is in the $20's per square foot per year. The St. George submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 76% rise in rent.

St. George Listing Supply

In the last 90 days, 35 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 66% of the available leases in the St. George 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,440 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1997 and are Class B.

St. George 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 region. Commute by car is the most popular way to get to work amongst St. George residents. Commuting approximately 15 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 St. George.
Market Report

Market Data

Real time and historical data on commercial real estate listings in St. George.
Research