Highlights
- The average rent for office space in Cottonwood Heights is $30.84 per square foot, 6.52% higher compared to the previous year.
- The market’s vacancy rate stands at 15.94%, lower than the state average of Utah, which is 19.43%.
2025 Office Space Rent & Sales
- $30.84 2025 Avg. Asking Rent
- 6.52% Y-o-Y Avg. Asking Rent Change
- 15.94% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Cottonwood Heights?
Average asking rents for office space here stand at $30.84 per square foot. The local office market recorded an average vacancy rate of 15.94% in 2025, unchanged from 15.94% in 2024.
Cottonwood Heights, UT Office Asking Rents by Class
What is the average office rent per square foot by property class in UT?
- Avg. Asking Rent Class A & A+$28.35
- Avg. Asking Rent Class B$24.04
- Avg. Asking Rent Class C$17.00
For comparison, the average rent for Class A and A+ office space in Utah was $28.35 per square foot. The state-wide average for Class B space was $24.04 per square foot, and Class C office spaces averaged $17.00 per square foot.
Cottonwood Heights, UT Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Cottonwood Heights | $30.75 | 15.67% |
| Sandy - East | $25.40 | 24.10% |
What are the largest recent office completions in Cottonwood Heights?
The largest recent office completion here is Old Mill Campus - Old Mill Corporate Center IV at 208,296 square feet, completed in 2011. The next largest completions are Cornerstone I and Cottonwood Corporate 9.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Cornerstone I | 2750 East Cottonwood Pkwy, 84121 | 160,841 | 2014 |
| Old Mill Campus - Old Mill Corporate Center IV | 6330 South 3000 East, 84121 | 208,296 | 2011 |
| Cottonwood Corporate 9 | 2795 E. Cottonwood Pkwy., 84121 | 135,167 | 1999 |
| Cottonwood Corporate 10 | 2825 E. Cottonwood Pkwy., 84121 | 109,365 | 1998 |
| Cottonwood Corporate 11 | 2855 E. Cottonwood Pkwy., 84121 | 108,938 | 1997 |
| 1787 East Fort Union Blvd | 1787 East Fort Union Blvd, 84121 | 45,507 | 1984 |
| Fort Union Corporate Business Park | 1225 East Fort Union Blvd, 84047 | 108,154 | 1981 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.