Last updated on November 20th, 2022 at 12:01 pm
Whether you are searching for an office, industrial, or retail property, Utah commercial real estate has plenty of choices for you. But how do you know which is the best fit for your business?
Salt Lake City
Table of Contents
Whether you’re a large company or small business, there are plenty of great commercial real estate opportunities in Salt Lake City, UT. The city has an established and growing commercial real estate market that has seen strong growth in the past few years.
Salt Lake City is an ideal location for both business and leisure. It is home to several religious attractions, like Temple Square. It also hosts a number of conventions and other events.
Salt Lake City’s industrial market has also experienced a boost in activity. Several large warehouses have been leased in the past quarter.
Salt Lake City’s commercial real estate market is expected to continue to grow in the coming years. New development deliveries and average to above-average rent growth should boost absorption in the market.
Park City
Several newer Park City, Utah real estate development projects have been built to provide a variety of options to buyers. These include multiple signage opportunities and a variety of uses for the property.
Park City, Utah commercial real estate listings are plentiful. These listings can be filtered by location, price and available space. The Park City MLS is a great place to start your search.
The Park City MLS is a website that offers commercial real estate listings for sale. The website offers high quality listing photos and contact information for brokers. Users can also contact brokers directly from the website. The Park City MLS has seven different ways to classify a property.
The best commercial real estate websites are the ones that offer the most options to users. These sites also offer commercial real estate properties for sale and for rent in Park City, Utah.
St. George
Located in Utah County, St George, Utah commercial real estate offers a number of benefits to businesses, including good location, diverse population and plenty of room for growth. There are many different types of properties to choose from and you can find something to suit your budget and business needs.
With more than 13,000 jobs added over the last 12 months, Utah’s nonfarm payroll employment increased 3.5%. Utah’s statewide unemployment rate stood at 2%. This is the fastest job growth in the U.S. since 2012.
There are a number of different types of commercial properties available for sale or rent in St. George. These include commercial buildings, retail properties and undeveloped land.
The average price per square foot for office space is $17. The average price per acre for retail properties is $339,592.
This is more than double the median sale price of homes in the area. In fact, the median sale price of homes has increased 25% in the past year. This is one of the reasons why St. George is such a great place to invest.
Industrial
Whether you’re in the market for a new building, or looking to expand your business, industrial real estate in Utah can help you accomplish your goals. This type of property can accommodate production, distribution, research and warehousing, among other uses.
Industrial real estate in Utah has a reputation for being one of the best states to do business. The state consistently ranks among the top five for business, and its reputation for excellence has helped it attract a diverse group of businesses.
With a lower unemployment rate than the national average of nearly 6%, Utah is an attractive location for businesses and employees. In addition to its reputation for business excellence, the state provides plenty of infrastructure and tax breaks, making it an attractive place for businesses to grow.
Office
During the last five years, Utah has been consistently ranked as one of the best states for business by Forbes magazine. Its reputation for excellence and ample infrastructure have made it a popular location for businesses.
Utah is also home to some of the best commercial real estate in the country. If you’re looking for a commercial property for sale, Utah has a wide selection of properties available to suit every budget. Whether you’re looking for a small retail store or a large national retailer, Utah has the right property to meet your needs.
Utah’s office market has also been growing rapidly. During the last 30 days, 31 new spaces have hit the market. The office market is also expected to get a boost as demand for office space grows in more centrally located areas.