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1,258 Commercial Real Estate Listings in Salt Lake City, UT

  • Millcreek Office - Salt Lake City
    2505 East 3300 South, Millcreek, Salt Lake City, UT
    For Lease
    • $12.5/Sqft/Year
    Property
    • Office
    • 13,835 Sqft
    Availability
    • 1 Space
    • 936 Sqft
    Year Built
    • 2002
    View Details
  • 754 W. 1700 S - Salt Lake City
    754 W. 1700 S, Glendale, Salt Lake City, UT
    For Lease
    • $0.75/Sqft/Month
    Property
    • Industrial
    • 9,505 Sqft
    Availability
    • 1 Space
    • 5,382 Sqft
    Year Built
    • 1966
    View Details
  • Sugarhouse Place - Salt Lake City
    2030 South 900 East, Sugar House, Salt Lake City, UT
    For Lease
    • $20/Sqft/Year
    Property
    • Retail
    • 22,000 Sqft
    Availability
    • 1 Space
    • 3,000 Sqft
    View Details
  • 5461 South State Street - Salt Lake City
    5461 South State Street, Murray, Salt Lake City, UT
    For Lease
    • $22/Sqft/Year
    Property
    • Retail
    • 1,234 Sqft
    Availability
    • 1 Space
    • 1,234 Sqft
    View Details
  • Brick Creek - Salt Lake City
    3098 South Highland Drive, Millcreek, Salt Lake City, UT
    For Lease
    • $13/Sqft/Year
    Property
    • Office
    • 65,010 Sqft
    Availability
    • 3 Spaces
    • 6,219 Sqft
    View Details
  • 634 North Challenger Road - Salt Lake City
    634 North Challenger Road, Jordan Meadows, Salt Lake City, UT
    For Lease
    • $0.36/Sqft/Month
    Property
    • Industrial
    • 140,752 Sqft
    Availability
    • 1 Space
    • 140,752 Sqft
    Year Built
    • 1987
    View Details
  • Towers at 45th - 310 East 4500 South - Murray
    310 East 4500 South, Murray, UT
    For Lease
    • $19.5 - $20.5/Sqft/Year
    Property
    • Office
    • 121,008 Sqft
    Availability
    • 10 Spaces
    • 38,374 Sqft
    Year Built
    • 1985
    View Details
  • Edgewater Corporate Park - North Tower - Salt Lake City
    5215 Wiley Post Way, Jordan Meadows, Salt Lake City, UT
    For Lease
    • $23/Sqft/Year
    Property
    • Office
    • 102,463 Sqft
    Availability
    • 5 Spaces
    • 54,485 Sqft
    Year Built
    • 1982
    View Details
  • Oakwood Office Plaza - Salt Lake City
    5320 South 900 East, Murray, Salt Lake City, UT
    For Lease
    • $16.5/Sqft/Year
    Property
    • Office
    • 48,024 Sqft
    Availability
    • 4 Spaces
    • 3,992 Sqft
    Year Built
    • 1979
    View Details
  • U.S. Bank Building - Salt Lake City
    170 S Main St, Downtown Salt Lake City, Salt Lake City, UT
    For Lease
    • $22 - $31/Sqft/Year
    Property
    • Office
    • 255,255 Sqft
    Availability
    • 6 Spaces
    • 23,350 Sqft
    Year Built
    • 1984
    View Details
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  • The Clift Building - Salt Lake City
    10 West Broadway, Downtown Salt Lake City, Salt Lake City, UT
    For Lease
    • $19 - $30/Sqft/Year
    Property
    • Office
    • 105,000 Sqft
    Availability
    • 5 Spaces
    • 14,640 Sqft
    Year Built
    • 1919
    View Details
  • 175 West Temple - Salt Lake City
    175 West Temple, Downtown Salt Lake City, Salt Lake City, UT
    For Lease
    • $17.5/Sqft/Year
    Property
    • Office
    • 148,300 Sqft
    Availability
    • 2 Spaces
    • 34,677 Sqft
    Year Built
    • 1980
    View Details
  • The Ford Building - Salt Lake City
    280 South 400 West, Downtown Salt Lake City, Salt Lake City, UT
    For Lease
    • $25/Sqft/Year
    Property
    • Office
    • 87,600 Sqft
    Availability
    • 3 Spaces
    • 25,274 Sqft
    Year Built
    • 1999
    View Details
  • Wingcrest I & II - Salt Lake City
    5202 West Douglas Corrigan Way, Jordan Meadows, Salt Lake City, UT
    For Lease
    • $13/Sqft/Year
    Property
    • Office
    • 128,592 Sqft
    Availability
    • 1 Space
    • 47,555 Sqft
    Year Built
    • 1995
    View Details
  • Parkview Plaza I - Salt Lake City
    2180 South 1300 East, Sugar House, Salt Lake City, UT
    For Lease
    • $25 - $28/Sqft/Year
    Property
    • Office
    • 113,371 Sqft
    Availability
    • 2 Spaces
    • 5,549 Sqft
    Year Built
    • 1986
    View Details
  • 136 East South Temple - Salt Lake City
    136 East South Temple, Central City, Salt Lake City, UT
    For Lease
    • $25/Sqft/Year
    Property
    • Office
    • 216,976 Sqft
    Availability
    • 1 Space
    • 1,175 Sqft
    Year Built
    • 1965
    View Details
  • 623 East 100 South, SLC UT 84102- Victorian Mansion - Salt Lake City
    623 East 100 South, Central City, Salt Lake City, UT
    For Lease
    • Contact for pricing
    Property
    • Office
    • 4,500 Sqft
    Availability
    • 3 Spaces
    • 13,500 Sqft
    Year Built
    • 1886
    View Details
  • 465 South 400 East - Salt Lake City
    465 South 400 East, Central City, Salt Lake City, UT
    For Lease
    • $16.5 - $21.5/Sqft/Year
    Property
    • Office
    • 73,737 Sqft
    Availability
    • 3 Spaces
    • 49,666 Sqft
    Year Built
    • 1974
    View Details
  • South Temple Tower - Salt Lake City
    136 E South Temple St, Central City, Salt Lake City, UT
    For Lease
    • $27 - $31/Sqft/Year
    Property
    • Office
    • 216,976 Sqft
    Availability
    • 12 Spaces
    • 76,892 Sqft
    Year Built
    • 1965
    View Details
  • American Plaza 2 - Salt Lake City
    57 West 200 South, Downtown Salt Lake City, Salt Lake City, UT
    For Lease
    • $19.75 - $28/Sqft/Year
    Property
    • Office
    • 64,000 Sqft
    Availability
    • 16 Spaces
    • 47,628 Sqft
    Year Built
    • 1980
    View Details
  • Holladay Financial Center - Holladay
    2040 East Murray Holladay Road, Holladay, UT
    For Lease
    • $7/Sqft/Year
    Property
    • Office
    • 50,982 Sqft
    Availability
    • 2 Spaces
    • 4,665 Sqft
    Year Built
    • 1975
    View Details
  • ARKA 23rd South Building - South Salt Lake
    2323 South 900 West, South Salt Lake, UT
    For Lease
    • $0.48/Sqft/Month
    Property
    • Industrial
    • 120,138 Sqft
    Availability
    • 1 Space
    • 41,462 Sqft
    Year Built
    • 1972
    View Details
  • Ace Industrial - Salt Lake City
    260 North Ace Yeager Court, Jordan Meadows, Salt Lake City, UT
    For Lease
    • $0.48/Sqft/Month
    Property
    • Industrial
    • 311,802 Sqft
    Availability
    • 1 Space
    • 93,248 Sqft
    Year Built
    • 2019
    View Details
  • The Gateway Six - Salt Lake City
    460 West 50 North, Downtown Salt Lake City, Salt Lake City, UT
    For Lease
    • $30.25/Sqft/Year
    Property
    • Office
    • 100,528 Sqft
    Availability
    • 11 Spaces
    • 39,528 Sqft
    Year Built
    • 2012
    View Details
  • Brickyard Office Building - Salt Lake City
    1111 East Brickyard Road, Sugar House, Salt Lake City, UT
    For Lease
    • $15/Sqft/Year
    Property
    • Office
    • 37,296 Sqft
    Availability
    • 2 Spaces
    • 4,463 Sqft
    Year Built
    • 1979
    View Details
  • 257 Tower - Salt Lake City
    257 East 200 South, Central City, Salt Lake City, UT
    For Lease
    • $23.5/Sqft/Year
    Property
    • Office
    • 259,000 Sqft
    Availability
    • 3 Spaces
    • 47,680 Sqft
    Year Built
    • 1986
    View Details

Salt Lake City, UT Commercial Real Estate

There are currently 1,272 commercial listings available in Salt Lake City, UT. These listings include 948 commercial spaces that encompass a total of 14,302,788 square feet. Available commercial spaces in Salt Lake City, UT range in size from 0 square feet to 833,280 square feet. A total of 731 off-market commercial properties located in Salt Lake City, UT are also available for research.

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Salt Lake City, UT Economic Overview

Location Photo

Salt Lake City was ranked 10th-best place to live by U.S. News, which analyzed 100 metro areas in the U.S., based on quality of life, value of living there and people’s desire to live there. Certainly, the strong economic conditions of this city contributed to its score of 7.1 out of 10 in this ranking.

In 2016, Utah added jobs at more than double the pace of the national average. Although 2017 growth is expected to be more moderate, Utah is likely to remain a top performer. Spending power is a key contributor to business sales and growth, and Salt Lake City residents average an annual salary of $44,752. The greatest average spending for citizens was on housing (33.8% of expenditure), transportation (15.7% of expenditure), and food (12.7% of expenditure).

Salt Lake City, UT Commercial Real Estate Market

The overall Utah State’s economy experienced expansion in 2016, across all major industrial sectors. Salt Lake City’s current service-oriented economy is radically different from its historical beginnings as the “Crossroads of the West”, economically reliant on its railroad and nearby steel, mining and oil refineries. The current major sectors are trade, utilities, government, transportation, and professional and business services.

In 2016, the Salt Lake City commercial real estate market experienced record rents for office spaces. The average rent for a Salt Lake City office space was $23 per square foot, which is 4.6% higher than the rate in the first quarter of 2015. Trophy office towers like the brand new Class A 111 Main, commanded roughly $28 per square foot. However, the commercial space lease rates are showing signs of moderation, especially in the high-growth markets.

Poplar Grove, a neighborhood directly south of Salt Lake International Airport, has many great schools and is mainly home to working class families; Downtown Salt Lake City is a bustling scene full of shops, restaurants and nightlife hotspots; Central City is a college town with a range of restaurants, mountain, hiking and biking spots, shops and museums.

Salt Lake City is also a great jumping-off point for national park visits and skiing. Thousands of international and domestic travelers come through the metro area's international airport. This makes tourism and hospitality part of the city’s growing industries.

Being a strong economic hub, the city hosts Huntsman Corporation, a Fortune 500 company, as well as two Fortune 1000 companies: Questar Corporation and Zions Bancorporation. Numerous other high profile firms have made the city the economic powerhouse it is, including: AlphaGraphics, Smith's Food and Drug, Sinclair Oil Corporation, MonaVie, Vehix.com, and Myriad Genetics.

And with companies like Adobe Systems, Microsoft and 3M Health Information Systems moving in, job opportunities are still on the rise. This follows a commendable growth in employment that has lasted over the past few years.

Salt Lake City, UT Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Salt Lake City, UT Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Salt Lake City, UT Commercial Inventory Breakdown

Office Spaces

Total: 32,112,962 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 8,916,074 SF / 27.76% of total office
  • 100k to 500k SF: 22,604,230 SF / 70.39% of total office
  • 500k to 1M SF: 592,658 SF / 1.85% of total office

By class:

  • Class A: 14,757,411 SF / 45.95% of total office
  • Class B: 15,231,282 SF / 47.43% of total office
  • Class C: 559,079 SF / 1.74% of total office

Industrial

Total: 73,055,888 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 14,621,887 SF / 20.01% of total industrial
  • 100k to 500k SF: 44,208,455 SF / 60.51% of total industrial
  • 500k to 1M SF: 11,941,706 SF / 16.35% of total industrial
  • > 1M SF: 2,283,840 SF / 3.13% of total industrial

By class:

  • Class A: 37,397,234 SF / 51.19% of total industrial
  • Class B: 30,461,210 SF / 41.7% of total industrial
  • Class C: 610,889 SF / 0.84% of total industrial

Office Spaces with Retail

Total: 12,918,278 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 2,917,256 SF / 22.58% of total office with retail
  • 100k to 500k SF: 7,231,863 SF / 55.98% of total office with retail
  • 500k to 1M SF: 1,650,014 SF / 12.77% of total office with retail
  • > 1M SF: 1,119,145 SF / 8.66% of total office with retail

Employment in Salt Lake City, UT

Employment

Salt Lake City has a 3.3% unemployment rate, which is 1.6% lower than the national average. This makes it an attractive location for qualified workers.

The key employment industries within the city feature technology, utilities, trade, transportation, health care, education, manufacturing, and finance.

Specific industries offer the most common employment opportunities:

  • Health care and social assistance – this sector employs roughly 62,004 regional residents, through University Health Care, having 10,000 employees, and University of Utah Health Care employing 7,866 workers. Here, such occupations as nursing aides offer a salary range between $21k and $30k.
  • Specialty trade contractors – 48,104 total employees in this sector, including such employers as Sun Products Corp with 3,000 workers.
  • Finance and insurance – Approximately 38,384 employees are found within the financial sector.

The largest employers in the region include the state and county government, the University of Utah, Intermountain Healthcare, Delta Air Lines and Novus Credit Services. Other industries that are currently expanding are construction and manufacturing.

Education in Salt Lake City, UT

Salt Lake City is home to several high-profile learning institutions, with seventeen high schools being recognized on U.S. News & World Report's Best High Schools rankings. Also, two of the city’s six colleges and universities earned places on U.S. News & World Report's Best Colleges rankings.

Commuting Time in Salt Lake City, UT

Salt Lake City’s 22.3 minutes average commute time is slightly below the U.S. average of 24.8 minutes.

Traffic is eased by complementing light rail trains and buses, which are operated seven days a week by the Utah Transit Authority. The Frontrunner train runs through Salt Lake City (between Ogden and Provo), a total of 88 miles. Its stations also have free parking, apart from being within walking distance of popular shopping districts.

There’s also a TRAX train, covering a sizable area of Salt Lake Valley, with stops in downtown Salt Lake City and the Salt Lake City International Airport.

The metro area has protected bike lanes, although many residents living outside the city center drive to and from downtown (the driving population is 88%).

Salt Lake City Demographics

Population

  • Total Population197,756
  • Male Population(50.9 %) 100,748
  • Female Population(49.1 %) 97,008
  • Median Age32.30

Income/Financial

  • Average Household Income$88,128
  • Median Household Income$60,676
  • Median Income Under 25$30,707
  • Median Income 25-44$66,859
  • Median Income 45-64$68,670
  • Median Income Over 65$47,629