Salt Lake City, UT Commercial Real Estate for Lease and Sale

Explore 426 listings of Salt Lake City commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

323 W Hope Ave

323 W Hope Ave, Ballpark, Salt Lake City, UT
Property

Retail

7,835 SF
Availability

4 Spaces

7,835 SF
Year Built

1954
For Lease Contact for pricing
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Salt Lake City’s Contemporary Destination for Industrial Retail and Creative Hospitality

1388 South 300 West, Ballpark, Salt Lake City, UT
Property

Retail

26,792 SF
Availability

1 Space

15,753 SF
For Lease Contact for pricing
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1920 S 900 W

1920 S 900 W, Glendale, Salt Lake City, UT
Property

Industrial

18,160 SF
Year Built

1999
For Sale

$3,900,000
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324 South State Street

324 South State Street, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

249,000 SF
Availability

5 Spaces

92,133 SF
Year Built

1980
For Lease

$26.00 - $30.00/SF/YR
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Riverboat Coworking Office Spaces Available

Riverboat Road, Taylorsville, UT
Property

Office

43,198 SF
Availability

1 Space

1,370 SF
Year Built

1998
For Lease

$2,150.80/MO
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Stonewater Park - 255 North Admiral Byrd Road

255 North Admiral Byrd Road, Jordan Meadows, Salt Lake City, UT
Property

Office

75,378 SF
Availability

4 Spaces

75,350 SF
Year Built

2000
For Lease Contact for pricing
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Wasatch Renal Center | Suite 115 | For Lease

3702 S State St, South Salt Lake, UT
Property

Office
Availability

1 Space

1,596 SF
For Lease Contact for pricing
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American Plaza 2

57 West 200 South, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

64,000 SF
Availability

10 Spaces

26,960 SF
Year Built

1980
For Lease

$23.00/SF/YR
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Six69 West Temple

669 S W Temple St, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

133,130 SF
Year Built

1977
For Sale

$14,000,000
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60 Park

2290 South 1300 East, Sugar House, Salt Lake City, UT
Property

Office

143,374 SF
Availability

5 Spaces

26,968 SF
Year Built

2020
For Lease

$40.50/SF/YR
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937 E 900 S

937 E 900 S, Central City, Salt Lake City, UT
Property

Retail

2,400 SF
Availability

1 Space

1,200 SF
Year Built

1920
For Lease

$35.00/SF/YR
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Commerce Park II

480 East Winchester Street, Murray, UT
Property

Office

26,816 SF
Availability

2 Spaces

7,238 SF
Year Built

1988
For Lease

$23.00/SF/YR
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Sunrise Office Condos

62-74 East 2700 South, South Salt Lake, Salt Lake City, UT
Property

Office

12,600 SF
Availability

1 Space

2,100 SF
Year Built

2007
For Lease

$14.00/SF/YR
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Canyon Centre Retail/Office

7321 Canyon Centre Pkwy, Cottonwood Heights, UT
Property

Retail

10,000 SF
Availability

1 Space

2,770 SF
Year Built

2021
For Lease

$34.00/SF/YR
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4750 Wiley Post Way

4750 Wiley Post Way, Jordan Meadows, Salt Lake City, UT
Property

Flex Space

86,777 SF
Availability

5 Spaces

37,973 SF
Year Built

1981
For Lease

$11.40/SF/YR
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Airport Business Park - Bldg. 220

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

Office

28,258 SF
Availability

1 Space

12,000 SF
Year Built

1978
For Lease

$13.00/SF/YR
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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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Social Hall Plaza

150 East Social Hall Avenue, Central City, Salt Lake City, UT
Property

Office

161,333 SF
Availability

3 Spaces

83,565 SF
Year Built

1991
For Lease

$29.50 - $33.00/SF/YR
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Park Place

Duplicate of 45 State St, Central City, Salt Lake City, UT
Property

Retail
Availability

1 Space

13,300 SF
For Lease Contact for pricing
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1743 W 6200 S

1743 W 6200 S, Taylorsville, Salt Lake City, UT
Property

Office

7,472 SF
Availability

1 Space

2,000 SF
Year Built

2003
For Lease

$18.00/SF/YR
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807 East South Temple

807 East South Temple, The Avenues, Salt Lake City, UT
Property

Office

16,964 SF
Availability

4 Spaces

5,855 SF
Year Built

1973
For Lease Contact for pricing
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Social Hall Plaza-Offices

150 E Social Hale Ave, Central City, Salt Lake City, UT
Property

Office

161,280 SF
Availability

3 Spaces

83,565 SF
Year Built

1998
For Lease

$29.50 - $33.00/SF/YR
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Millcreek Sublease

4438 S 900 E, Millcreek, UT
Property

Retail
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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9672 S 700 E

9672 S 700 E, Murray, UT
Property

Office

1,024 SF
For Sale

$225,000
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2200 S State St

2200 S State St, South Salt Lake, Salt Lake City, UT
Property

Office

15,334 SF
Availability

1 Space

4,850 SF
Year Built

1977
For Lease

$10.00/SF/YR
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2876 S 460 W

2876 S 460 W, South Salt Lake, Salt Lake City, UT
Property

Office

5,194 SF
Availability Contact for availability
Year Built

1995
For Lease Contact for pricing
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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 2,210 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 19,906,279 square feet. The market offers 217 active office listing(s), which amount to 5,764,990 square feet and account for 62% of commercial spaces on the market. Local retail availability includes 518,308 square feet across 57 retail space(s). Industrial space for rent opportunities in Salt Lake City amount to 13,299,406 square feet across a total of 69 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	217	5,764,990
Retail	57	518,308
Industrial	69	13,299,406
Other	6	323,574

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 1,360,645 square feet of commercial property for sale here , which includes 28 office building(s) for sale , 7 retail investment opportunity listing(s) , and 8 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	28	426,549
Retail	7	30,774
Industrial	8	211,426
Other	19	691,896

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 and Sale

323 W Hope Ave

Salt Lake City’s Contemporary Destination for Industrial Retail and Creative Hospitality

1920 S 900 W

324 South State Street

Riverboat Coworking Office Spaces Available

Stonewater Park - 255 North Admiral Byrd Road

Wasatch Renal Center | Suite 115 | For Lease

American Plaza 2

Six69 West Temple

60 Park

937 E 900 S

Commerce Park II

Sunrise Office Condos

Canyon Centre Retail/Office

4750 Wiley Post Way

Airport Business Park - Bldg. 220

Avanti Workspace (Wells Fargo Center)

Social Hall Plaza

Park Place

1743 W 6200 S

807 East South Temple

Social Hall Plaza-Offices

Millcreek Sublease

9672 S 700 E

2200 S State St

2876 S 460 W

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 and Sale

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

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Popular Coworking Searches

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Popular Retail Searches

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About us