Office Lease Rate Trends Magic Valley

August 7, 2026

MAGIC VALLEY | MIDYEAR 2026 OFFICE MARKET REPORT

OFFICE LEASE RATES

Asking office lease rates in the Magic Valley increased 1 percent year over year to $19.25 per square foot (NNN, annually), with Class A space in the Canyon submarket commanding the highest rates at $25.50 per square foot.