Highlights
- The average rent for office space in Midvale is $27.08 per square foot, 0.42% lower compared to the previous year.
- The market’s vacancy rate stands at 21.49%, higher than the state average of Utah, which is 19.43%.
2025 Office Space Rent & Sales
- $27.08 2025 Avg. Asking Rent
- -0.42% Y-o-Y Avg. Asking Rent Change
- 21.49% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Midvale?
Average asking rents for office space here stand at $27.08 per square foot. The local office market recorded an average vacancy rate of 21.49% in 2025, unchanged from 21.49% in 2024.
Midvale, 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.
Midvale, UT Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| I-15 Corridor | $26.21 | 19.49% |
| Sandy - East | $25.40 | 24.10% |
Office Construction in Midvale, UT
What are the largest recent office completions in Midvale?
The largest recent office completion here is View 8 at 125,000 square feet, completed in 2015. The next largest completions are Union Park Center II and Creek Road Office Park.
| Office building | Address | SF | Completed |
|---|---|---|---|
| View 8 | 910 W. Legacy Center Way, 84047 | 125,000 | 2015 |
| 7390 South Creek Road | 7390 South Creek Road, 84093 | 4,209 | 2003 |
| Creek Road Office Park | 7390 South Creek Road, 84093 | 104,578 | 2001 |
| Union Park Center VII | 6965 South Union Park Center, 84047 | 83,769 | 1997 |
| Union Park Center VI | 6955 South Union Park Center, 84047 | 98,289 | 1996 |
| Union Park 3 | 6985 S. Union Park Ave., 84047 | 99,936 | 1991 |
| Union Park 4 | 6975 S. Union Park Ctr., 84047 | 98,709 | 1991 |
| Union Park Center III | 6985 South Union Park Center, 84047 | 99,788 | 1988 |
| Union Park Center II | 7050 South Union Park Avenue, 84047 | 109,706 | 1985 |
| Union Woods | 7090 South Union Park Avenue, 84047 | 89,990 | 1985 |
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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.