Salt Lake City, UT Commercial Real Estate for Lease - 374 Listings

Avanti Workspace (Wells Fargo Center)
Avanti Workspace
299 South Main Street Suite 1300, Salt Lake City, UT
Services

Virtual Office

Open Workspace

Private Office
Amenities

Filming equipment

Mail services
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1095 South 4800 West

1095 South 4800 West, Glendale, Salt Lake City, UT
Property

Industrial

150,300 SF
Availability

1 Space

150,300 SF
Year Built

2012
For Lease

$0.80/SF/MO
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Fort Union Corporate Business Park

1225 East Fort Union Blvd, Cottonwood Heights, UT
Property

Office

108,154 SF
Availability

7 Spaces

20,461 SF
Year Built

1981
For Lease Contact for pricing
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835 West 2600 South

835 West 2600 South, South Salt Lake, West Valley City, UT
Property

Industrial

53,092 SF
Availability

1 Space

27,269 SF
Year Built

1995
For Lease Contact for pricing
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Pacific Landing V - Bldg. 1

1220 N. 2200 W., Westpointe, Salt Lake City, UT
Property

Industrial

186,217 SF
Availability

1 Space

27,911 SF
Year Built

2015
For Lease Contact for pricing
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Stonewater Park Building I

215 Admiral Byrd Rd., Jordan Meadows, Salt Lake City, UT
Property

Office

71,000 SF
Availability

1 Space

18,672 SF
Year Built

2000
For Lease

$15.00/SF/YR
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Cottonwood Corporate 10

2825 E. Cottonwood Pkwy., Cottonwood Heights, UT
Property

Office

109,365 SF
Availability

4 Spaces

14,713 SF
Year Built

1998
For Lease

$34.00/SF/YR
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5300 West Harold Gatty Drive

5300 West Harold Gatty Drive, Jordan Meadows, Salt Lake City, UT
Property

Industrial

210,000 SF
Availability

1 Space

71,910 SF
Year Built

2001
For Lease Contact for pricing
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170 South Main

170 S. Main St., Downtown Salt Lake City, Salt Lake City, UT
Property

Office

255,255 SF
Availability

9 Spaces

88,786 SF
Year Built

1984
For Lease

$29.00 - $32.00/SF/YR
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Crossroads Corporate Center - 1090 South 3800 West

1090 South 3800 West, Glendale, Salt Lake City, UT
Property

Industrial

96,806 SF
Availability

1 Space

103,600 SF
Year Built

1999
For Lease Contact for pricing
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Cottonwood Creek Center

5965 South 900 East, Murray, UT
Property

Office

48,989 SF
Availability

3 Spaces

11,242 SF
Year Built

1980
For Lease

$20.00 - $23.00/SF/YR
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Lefavi Financial Center

2319 - 2323 South Foothill Blvd, East Bench, Salt Lake City, UT
Property

Office

21,390 SF
Availability

2 Spaces

1,937 SF
Year Built

1978
For Lease

$19.95/SF/YR
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522 West 700 South

522 West 700 South, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

221,845 SF
Availability

8 Spaces

13,914 SF
Year Built

1943
For Lease

$32.00/SF/YR
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Bowers South City Residences

55 W Utopia Ave, South Salt Lake, UT
Property

Retail
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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Sorenson Research Park 8

4215 South Riverboat Road, Taylorsville, Salt Lake City, UT
Property

Office

78,400 SF
Availability

4 Spaces

80,000 SF
Year Built

2009
For Lease

$17.00/SF/YR
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955 South 3800 West

955 South 3800 West, Poplar Grove, Salt Lake City, UT
Property

Industrial

354,145 SF
Availability

1 Space

50,241 SF
Year Built

1999
For Lease Contact for pricing
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Prime Sugarhouse Retail

2121 South McClelland Street, Sugar House, Salt Lake City, UT
Property

Retail

71,401 SF
Availability

3 Spaces

8,020 SF
Year Built

1910
For Lease

$30.00 - $33.00/SF/YR
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392 Commerce | For Lease

392 E 6400 S, Murray, UT
Property

Office
Availability

1 Space

4,302 SF
For Lease Contact for pricing
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170 South Main Street

170 South Main Street, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

255,255 SF
Availability

1 Space

5,992 SF
Year Built

1983
For Lease

$23.50/SF/YR
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McIntyre Building

68 South Main Street, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

57,278 SF
Availability

1 Space

4,787 SF
For Lease

$23.00/SF/YR
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Cottonwood Corporate 11

2855 E. Cottonwood Pkwy., Cottonwood Heights, UT
Property

Office

108,938 SF
Availability

3 Spaces

29,519 SF
Year Built

1997
For Lease

$34.00/SF/YR
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Hillside Dental | For Lease

6936 Promenade Dr, Cottonwood Heights, UT
Property

Office
Availability

1 Space

1,123 SF
For Lease Contact for pricing
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Key Bank Tower

36 S State St, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

382,266.99 SF
Availability

3 Spaces

23,420 SF
Year Built

1976
For Lease

$34.00 - $37.00/SF/YR
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Freestanding 9th South Retail

450 E 900 S, Liberty Wells, Salt Lake City, UT
Property

Retail

2,090 SF
Availability

1 Space

2,090 SF
Year Built

1966
For Lease

$25.00/SF/YR
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First Security Building-Office

79 S Main St, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

61,870 SF
Availability

10 Spaces

42,749 SF
Year Built

1919
For Lease

$30.00 - $34.00/SF/YR
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Newhouse Building

10 East Exchange Place, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

108,570 SF
Availability

5 Spaces

43,639 SF
Year Built

1909
For Lease

$29.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Salt Lake City commercial real estate market incorporates 13,394,220 square feet of office space across 233 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Salt Lake City, the coworking segment of the commercial real estate market incorporates about 6,827 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Salt Lake City commercial real estate market includes 1,536,894 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Salt Lake City market, there is a total of 13,839,420 square feet of industrial property.

The listing inventory in Salt Lake City incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Salt Lake City is represented by Industrial space, which accounts for 11,161,850 square feet of available listings. Office space available in Salt Lake City adds up to 5,473,107 square feet.

Meanwhile, most of the listings of commercial property for sale in Salt Lake City are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Salt Lake City is $23.23 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Salt Lake City can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $26.96 per square foot, industrial space in Salt Lake City saw average rents of $9.83 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Salt Lake City, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Salt Lake City is in the Downtown Salt Lake City neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Salt Lake City area.

Meanwhile, retail space opportunities are most abundant in the Downtown Salt Lake City submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Glendale.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $42 per square foot. In particular, the property type commanding the highest lease rates in Salt Lake City was Retail space.

Conversely, the highest sale price last year was $10,343,000 that is located at 2835 South Decker Lake Drive.

The average size of a commercial property in Salt Lake City depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Salt Lake City, the average size of an office property is 79,728 square feet.
Retail properties here incorporate an average of 43,912 square feet.
Industrial space in Salt Lake City is in buildings that are, on average 206,559 square feet in size.

Salt Lake City, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Salt Lake City currently add up to 17,538,856 square feet. The market offers 205 active office listing(s), which amount to 5,473,106 square feet and account for 60% of commercial spaces on the market. Local retail availability includes 542,317 square feet across 59 retail space(s). Industrial space for rent opportunities in Salt Lake City amount to 11,161,850 square feet across a total of 70 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	205	5,473,106
Retail	59	542,317
Industrial	70	11,161,850
Other	7	361,582

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Salt Lake City, UT. Currently, there is 1,414,084 square feet of commercial property for sale here , which includes 28 office building(s) for sale , 5 retail investment opportunity listing(s) , and 11 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	28	452,608
Retail	5	27,540
Industrial	11	265,007
Other	18	668,929

Salt Lake City, UT Commercial Real Estate Market Overview

As the “low place in the high mountains,” Salt Lake City is about as diverse a city as they come. Right on the edge of the largest inland lake in the western U.S., it enjoys four distinct seasons while being just minutes from world-class skiing on the Wasatch Mountains and the greatest powder on Earth. The developing tech scene in Silicon Slopes has only added to the diversity of cultures, creating a truly unique city of one-of-a-kind experiences. Even though Salt Lake City is known for winter sports and activities, the city itself doesn’t get any snow in the winter and remains vibrant all year long.

Salt Lake City, UT Commercial Real Estate for Lease - 374 Listings

Avanti Workspace (Wells Fargo Center)

1095 South 4800 West

Fort Union Corporate Business Park

835 West 2600 South

Pacific Landing V - Bldg. 1

Stonewater Park Building I

Cottonwood Corporate 10

5300 West Harold Gatty Drive

170 South Main

Crossroads Corporate Center - 1090 South 3800 West

Cottonwood Creek Center

Lefavi Financial Center

522 West 700 South

Bowers South City Residences

Sorenson Research Park 8

955 South 3800 West

Prime Sugarhouse Retail

392 Commerce | For Lease

170 South Main Street

McIntyre Building

Cottonwood Corporate 11

Hillside Dental | For Lease

Key Bank Tower

Freestanding 9th South Retail

First Security Building-Office

Newhouse Building

Frequently Asked Questions

Salt Lake City, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Salt Lake City, UT Commercial Real Estate Market Overview

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Salt Lake City, UT Commercial Real Estate for Lease - 374 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Salt Lake City, UT?

What factors affect the price of commercial real estate in Salt Lake City, UT?

What is the average rent for commercial space in Salt Lake City, UT?

What are the best areas for commercial real estate in Salt Lake City, UT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Salt Lake City, UT?

Salt Lake City, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Salt Lake City, UT Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us