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

Explore 1,107 listings of Salt Lake City commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

Spaces The Clift Building
Spaces
10 Broadway, Salt Lake City, UT
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Catering

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services
View Details (opens in new window)
Gateway One

90 S. 400 W., Downtown Salt Lake City, Salt Lake City, UT
For Lease

$32.00/SF/YR
Property

Office

161,170 SF
Availability

8 Spaces

103,178 SF
Year Built

2001
View Details (opens in new window)
Parley's Corporate Center

2455 East Parleys Way, Sugar House, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office

55,514 SF
Availability

3 Spaces

19,634 SF
Year Built

1958
View Details (opens in new window)
2749 East Parleys Way

2749 East Parleys Way, Sugar House, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office

35,938 SF
Availability

1 Space

7,509 SF
Year Built

1992
View Details (opens in new window)
Salt Lake City - State Street Retail

1480 S State St, Ballpark, Salt Lake City, UT
For Sale

$1,100,000
Property

Retail

3,234 SF
Year Built

1938
View Details (opens in new window)
Regence Building

2890 East Cottonwood Pkwy, Cottonwood Heights, UT
For Lease

Contact for pricing
Property

Office

212,840 SF
Availability

8 Spaces

74,825 SF
Year Built

1997
View Details (opens in new window)
Murray Flex Space | For Lease

4859 S 190 W, Murray, UT
For Lease

Contact for pricing
Property

Industrial
Availability

1 Space

3,450 SF
View Details (opens in new window)
Suite 130 | For Lease

7084 S 2300 E, Cottonwood Heights, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

1,310 SF
View Details (opens in new window)
2040 East Murray Holladay Road

2040 East Murray Holladay Road, Holladay, UT
For Lease

$14.00/SF/YR
Property

Office

50,982 SF
Availability

6 Spaces

10,493 SF
Year Built

1975
View Details (opens in new window)
Sports Park Plaza

5353 South 960 East, Murray, UT
For Lease

$19.75/SF/YR
Property

Office

37,926 SF
Availability

6 Spaces

14,881 SF
Year Built

1997
View Details (opens in new window)
650 Main

650 South Main Street, Downtown Salt Lake City, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office

332,100 SF
Availability

7 Spaces

238,000 SF
Year Built

2022
View Details (opens in new window)
Spring Pines Bldg 835

835 E 4800 S, Murray, UT
For Lease

$10.00 - $11.70/SF/YR
Property

Office

9,671 SF
Availability

2 Spaces

2,051 SF
Year Built

1984
View Details (opens in new window)
Hotel Plandome

75 East 400 South, Downtown Salt Lake City, Salt Lake City, UT
For Lease

$19.00/SF/YR
Property

Office

16,200 SF
Availability

3 Spaces

6,046 SF
View Details (opens in new window)
Short Term Flex Space Opportunity

2354 South State Street, South Salt Lake, Salt Lake City, UT
For Lease

$12.00/SF/YR
Property

Industrial

31,500 SF
Availability

1 Space

21,500 SF
View Details (opens in new window)
Millrock Park West

3165 East Millrock Drive, Holladay, UT
For Lease

Contact for pricing
Property

Office
Availability

2 Spaces

38,153 SF
View Details (opens in new window)
Apt CoWork at Park Avenue Apartments
Apt CoWork
1240 Stringham Avenue, Salt Lake City, UT
Services

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Free water

High-speed internet

High-speed wifi

Parking

Printer

Privacy booths

Standing desks

TV/Monitor

White boards
View Details (opens in new window) Book Now (opens in new window)
Wiley Post Plaza

4750 Wiley Post Way, Jordan Meadows, Salt Lake City, UT
For Lease

$0.50/SF/YR
Property

Office

86,777 SF
Availability

2 Spaces

46,510 SF
Year Built

1981
View Details (opens in new window)
The Ford Building

280 South 400 West, Downtown Salt Lake City, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office

87,600 SF
Availability

4 Spaces

45,200 SF
Year Built

1999
View Details (opens in new window)
Center 53

434 West Ascension Way, Murray, UT
For Lease

$27.00 - $32.00/SF/YR
Property

Office

199,320 SF
Availability

3 Spaces

74,940 SF
Year Built

2017
View Details (opens in new window)
3920 South 1100 East

3920 South 1100 East, Millcreek, Salt Lake City, UT
For Lease

$16.00/SF/YR
Property

Office

25,998 SF
Availability

3 Spaces

8,878 SF
Year Built

1974
View Details (opens in new window)
The Riverboat

4393 Riverboat Rd, Taylorsville, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

15,000 SF
View Details (opens in new window)
Kearns Land | For Sale

5445 S Northwest Ave, Kearns, UT
For Sale

Contact for pricing
Property

Other
View Details (opens in new window)
Wasatch Renal Center | Suite 115 | For Lease

3702 S State St, South Salt Lake, UT
For Lease

Contact for pricing
Property

Office
Availability

1 Space

1,596 SF
View Details (opens in new window)
First Security Bank Building

79 South Main Street, Downtown Salt Lake City, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office

67,341 SF
Availability

10 Spaces

41,818 SF
Year Built

1919
View Details (opens in new window)
Eagle Plaza

4505 South Wasatch Blvd, Millcreek, Salt Lake City, UT
For Lease

$23.50/SF/YR
Property

Office

42,692 SF
Availability

2 Spaces

2,010 SF
Year Built

1987
View Details (opens in new window)
University of Utah Research Park - 615 South Arapeen Drive

615 South Arapeen Drive, University Of Utah, Salt Lake City, UT
For Lease

Contact for pricing
Property

Office

89,741 SF
Availability

4 Spaces

21,781 SF
Year Built

1998
View Details (opens in new window)

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 37,969,991 square feet of office space across 490 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 10,355 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 14,106,065 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 139,533,833 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 12,393,633 square feet of available listings. Office space available in Salt Lake City adds up to 6,095,799 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 $21.37 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 $26.68 per square foot, industrial space in Salt Lake City saw average rents of $9.7 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 $33 per square foot. In particular, the property type commanding the highest lease rates in Salt Lake City was Office space.

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 89,552 square feet.
Retail properties here incorporate an average of 111,953 square feet.
Industrial space in Salt Lake City is in buildings that are, on average 347,099 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 19,468,530 square feet. The market offers 225 active office listing(s), which amount to 6,095,799 square feet and account for 64% of commercial spaces on the market. Local retail availability includes 454,866 square feet across 45 retail space(s). Industrial space for rent opportunities in Salt Lake City amount to 12,393,633 square feet across a total of 71 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	225	6,095,799
Retail	45	454,866
Industrial	71	12,393,633
Other	7	524,232

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 1,512,451 square feet of commercial property for sale here , which includes 21 office building(s) for sale , 9 retail investment opportunity listing(s) , and 7 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	21	363,225
Retail	9	224,809
Industrial	7	224,559
Other	18	699,858

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

Spaces The Clift Building

Gateway One

Parley's Corporate Center

2749 East Parleys Way

Salt Lake City - State Street Retail

Regence Building

Murray Flex Space | For Lease

Suite 130 | For Lease

2040 East Murray Holladay Road

Sports Park Plaza

650 Main

Spring Pines Bldg 835

Hotel Plandome

Short Term Flex Space Opportunity

Millrock Park West

Apt CoWork at Park Avenue Apartments

Wiley Post Plaza

The Ford Building

Center 53

3920 South 1100 East

The Riverboat

Kearns Land | For Sale

Wasatch Renal Center | Suite 115 | For Lease

First Security Bank Building

Eagle Plaza

University of Utah Research Park - 615 South Arapeen Drive

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us