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UT Commercial Real Estate - 619 Listings found

UT Commercial Real Estate Listings Summary

Search through 619 Commercial Real Estate listings currently available for sale or lease near UT.

Are you searching the Utah commercial real estate market for your next big opportunity? Mountain West makes finding properties easy all throughout the state of Utah.

 

Utah Commercial Real Estate Stats

As of October 31: 2022

Multifamily:

  • Utah households spend 31% of weekly wages on apartment rent
  • Vacancy rates stand at 5.5% vs 6.5% nationwide
  • Average apartment rent is $ 1,770 for a 1 bedroom apartment in Salt Lake City, UT

Industrial:

  • Vacancy rates stand at 3% vs 3.3% nationwide
  • $0.72 asking rent per square foot
  • The variety of industrial space available ranges from 1,000 to 1,000,000 square feet

Office:

  • Asking rate is $25.74 per square foot vs $50 per square foot in San Francisco
  • 18.8% vacancy rate compared with 14.5% nationwide
  • The average size of office space available in Salt Lake City is about 42,000 square feet

Economic Indicators

  • 2.1% unemployment rate vs 3.5% nationwide
  • 795.5k Employed in Salt Lake City
  • Employment sectors in Salt Lake expected to grow at a rate of 2.4% total in 2022, with information and construction contributing at 11.2% and 5.7%
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