Salt Lake City, UT Commercial Real Estate for Lease - 362 Listings

American Plaza 3

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

Office

55,500 SF
Availability

2 Spaces

8,687 SF
Year Built

1982
For Lease

$23.00/SF/YR
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Bonneville Business Center - 461-4416 West Century Drive & 4401 South 500 West

461 West Century Drive, Murray, UT
Property

Industrial

55,394 SF
Availability

1 Space

3,383 SF
Year Built

1984
For Lease Contact for pricing
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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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The Ford Building

280 South 400 West, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

87,600 SF
Availability

4 Spaces

46,161 SF
Year Built

1999
For Lease

$26.00 - $30.00/SF/YR
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265 East 100 South

265 East 100 South, Central City, Salt Lake City, UT
Property

Office

72,495 SF
Availability

4 Spaces

30,795 SF
Year Built

1953
For Lease

$17.00/SF/YR
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175 W 1300 S

175 W 1300 S, Ballpark, Salt Lake City, UT
Property

Industrial
Availability

1 Space

155,000 SF
For Lease Contact for pricing
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Sports Park Plaza

5353 South 960 East, Murray, UT
Property

Office

37,926 SF
Availability

3 Spaces

9,552 SF
Year Built

1997
For Lease

$19.75/SF/YR
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1485 S Major St

1485 S Major St, Ballpark, Salt Lake City, UT
Property

Mixed Use

13,512 SF
Availability

2 Spaces

11,448 SF
Year Built

1922
For Lease

$1.00/SF/MO
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Park Centre

6985 South Park Centre Drive, Cottonwood Heights, Midvale, UT
Property

Retail
Availability

1 Space

3,418 SF
For Lease Contact for pricing
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Cornerstone I

2750 East Cottonwood Pkwy, Cottonwood Heights, UT
Property

Office

160,841 SF
Availability

1 Space

3,367 SF
Year Built

2014
For Lease

$36.00/SF/YR
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Three Gateway

440 W. 200 S., Downtown Salt Lake City, Salt Lake City, UT
Property

Office

112,903 SF
Availability

4 Spaces

26,369 SF
Year Built

2001
For Lease Contact for pricing
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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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Vibe Broadway

56 East Broadway, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

48,200 SF
Availability

3 Spaces

18,516 SF
Year Built

2002
For Lease

$22.75/SF/YR
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University of Utah Research Park - Building 875

410 Chipeta Way, University Of Utah, Salt Lake City, UT
Property

Office

57,991 SF
Availability

1 Space

57,991 SF
Year Built

1980
For Lease Contact for pricing
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Skyline Commerce Center

1580 South 500 West, Glendale, Salt Lake City, UT
Property

Industrial

312,815 SF
Availability

1 Space

30,000 SF
Year Built

2019
For Lease Contact for pricing
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Gateway Tower West

15 West South Temple, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

278,384 SF
Availability

1 Space

16,342 SF
Year Built

1998
For Lease Contact for pricing
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Pickett Circle

537 W. Pickett Cir., Glendale, Salt Lake City, UT
Property

Industrial

67,477 SF
Availability

1 Space

4,391 SF
Year Built

1998
For Lease

$15.00/SF/YR
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Holladay Financial Center

2040 East Murray Holladay Road, Holladay, UT
Property

Office

50,982 SF
Availability

1 Space

3,000 SF
Year Built

1975
For Lease

$7.00/SF/YR
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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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One Burton Retail Space

1 West Burton, South Salt Lake, Salt Lake City, UT
Property

Retail

7,100 SF
Availability

4 Spaces

7,100 SF
For Lease

$26.00 - $28.00/SF/YR
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AVES Kearns

4140 West 5415 South, Kearns, UT
Property

Office

18,825 SF
Availability

1 Space

1,103 SF
For Lease

$15.00/SF/YR
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2100 Sugarhouse

1055 East 2100 South, Sugar House, Salt Lake City, UT
Property

Office

5,500 SF
Availability

1 Space

1,185 SF
For Lease

$27.34/SF/YR
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Boston Building

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

Office

105,649 SF
Availability

3 Spaces

25,191 SF
Year Built

1909
For Lease

$19.95/SF/YR
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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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Regence Building

2890 E. Cottonwood Pkwy, Cottonwood Heights, UT
Property

Office

212,840 SF
Availability

1 Space

17,399 SF
Year Built

1997
For Lease

$24.00/SF/YR
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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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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 - 362 Listings

American Plaza 3

Bonneville Business Center - 461-4416 West Century Drive & 4401 South 500 West

Hillside Dental | For Lease

The Ford Building

265 East 100 South

175 W 1300 S

Sports Park Plaza

1485 S Major St

Park Centre

Cornerstone I

Three Gateway

Airport Business Park - Bldg. 220

Vibe Broadway

University of Utah Research Park - Building 875

Skyline Commerce Center

Gateway Tower West

Pickett Circle

Holladay Financial Center

1743 W 6200 S

One Burton Retail Space

AVES Kearns

2100 Sugarhouse

Boston Building

1095 South 4800 West

Regence Building

Social Hall Plaza-Offices

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 - 362 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