2023 Office Space Rent & Sales
- $27.57 2023 Avg. Asking Rent
- 0.28% Y-o-Y Avg. Asking Rent Change
- 22.02% 2023 Office Vacancy Rate
South Jordan office price per square foot in 2023 was $27.57 on average. This marked a +0.28% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 22.02% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- South Jordan Class A & A+ Office Space$28.00
- South Jordan Class B Office Space$25.33
- Utah Class A & A+ Office Space$28.50
- Utah Class B Office Space$23.99
- Utah Class C Office Space$25.92
South Jordan, UT Office Asking Rents by Class
2023 Office Vacancy Rates in South Jordan
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Jordan | $28.50 | 34.56% |
I-15 Corridor | $27.26 | 26.76% |
Coworking Spaces in Utah
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2023 Office Construction in South Jordan, UT
Office building | Address | SF | Completed |
---|---|---|---|
3518 West Sojo Dr - For Sale or Lease | 3518 Sojo Dr S, 84095 | 19,684 | 2023 |
10644 S. Jordan Gateway | 10644 S. Jordan Gateway, 84095 | 74,353 | 2020 |
District Heights - 11240 South River Heights Drive | 11240 South River Heights Drive, 84095 | 64,579 | 2019 |
10437 S. 1300 W. | 10437 S. 1300 W., 84095 | 8,200 | 2014 |
RiverPark Corporate Center - Building Seven | 10913 South River Front Pkwy, 84095 | 72,000 | 2013 |
Rio Tinto Regional Center | 4700 Daybreak Pkwy, 84095 | 174,125 | 2008 |
South Jordan Office Space | 912 W Baxter Dr, 84095 | 22,485 | 2008 |
RiverPark Corporate Center - Building Fourteen | 10808 South River Front Pkwy, 84095 | 155,042 | 2007 |
RiverPark Corporate Center - Building Twelve | 10876 South River Front Pkwy, 84095 | 155,042 | 2007 |
RiverPark Corporate Center - Building Five | 10855 South River Front Pkwy, 84095 | 150,544 | 2007 |
Worth noting among recent office completions on the South Jordan market is 3518 West Sojo Dr - For Sale or Lease, which is currently the largest new office development in the city, at 19,684 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all South Jordan commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.