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Updated over 1 year ago on . Most recent reply

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Brad Johnson
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Flex office space next to contractor garages

Brad Johnson
Posted

Curious to what market demand might be for a smaller office/flex space next too a bunch to contractor condos? Would seem like a good opportunity for a rentable space for contractors to meet clients or would it be better to look for a longer term lease? 

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Cason Acor
  • Real Estate Agent
  • Salt Lake City, UT
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Cason Acor
  • Real Estate Agent
  • Salt Lake City, UT
Replied
Quote from @Brad Johnson:

Curious to what market demand might be for a smaller office/flex space next too a bunch to contractor condos? Would seem like a good opportunity for a rentable space for contractors to meet clients or would it be better to look for a longer term lease? 

I’m a commercial agent in the Salt Lake area. I’d echo what Henry has already said. What our market needs is more smaller warehouse and flex
spaces. Think 2,500 SF or less. I’m tracking about 400,000 SF worth of new developments in Utah County that will all have units of that size and they’re filling up fast. 

I listed a 1,300 SF warehouse space in Orem for lease a few weeks ago, and got a dozen calls in the first two hours and it was a literal race among the interested tenants to get to the unit first. At the time, it was the only space less than 2,000 SF that was available in the entire county. 

Feel free to DM me and I’d be happy to chat more or answer any questions. 

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