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1174 E GRAYSTONE Way, Salt Lake City, UT 84106

Commercial Lease, Salt Lake City, UT

Space Size250 SF
Lot Size1.10 Acres
Days on Market423

Property Features for 1174 E GRAYSTONE Way

General Information

Property type Commercial Lease
Property subtype Office
Zoning description RMF-30
Subdivision Salt Lake City; So. Salt Lake
Standard status Active
APN 16-29-238-004
Lot size 1.10 Acres

Taxes and HOA fees

Tax Annual Amount 38618

Amenities

shared waiting room

Building Details

Year built 1962
Listing Agency: Investment Realty Advisors LLC
Listed By: Elliot Abel · License #94166337-SA00
Added: Jul 15, 2025 Changed: Aug 19 Last Checked: Sep 10 at 10:06AM
MLS# 2098680

Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Unit 1E is a 250 SF office within a shared professional workspace at Graystone Plaza. The first-floor layout provides two rooms: one private office and access to a shared furnished waiting room. The unit has no windows and is positioned near the building entrance and directory, making it straightforward to locate within the property.

The office is at 1174 E Graystone Way in Salt Lake City’s Sugar House area, near the 1300 E I-80 exit. Occupancy is available now, with lease terms beginning at 1 year and extending to 5 years. Wi-Fi is not included.

Key Highlights

  • 250 SF office unit
  • 2 rooms: private office and shared waiting room
  • Furnished waiting room within shared office space

Property Analytics

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Current Use

Trauma Solutions Counseling Medical Clinic Wendy D. Hoyt, ... Psychotherapist George J. Limberakis ... Crisis Center Liz Spiroff Counseling Counselor

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Daycare Center Bakery Catering Service Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

Demographics for 84106, UT

35,892
Population
16,782
Households
2.1
Avg Household Size
35
Median Age
57%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
5,982
Density / Sq Mi
$94,452
Median Household Income
$56,358
Median Earnings
$1,576
Median Rent
$529,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salt Lake City, UT

$21.6 /SF/Yr
Avg Asking Price
$9–$43 /SF/Yr
Price Range
17,217 SF
Avg Space Size

This space is priced 8% below the average of $21.6 /SF/Yr.

Vacancy Rate% for Office in Salt Lake City, UT

9.7% 2019
14.7% 2020
17.9% 2021
19.3% 2022
23.6% 2023
24.8% 2024
23.1% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor space in a shared office setting with a private room and furnished waiting area.
Where is this office units located?
The property is located at 1174 E GRAYSTONE Way Salt Lake City, UT.
What are key features of this property?
This property features: 250 SF office unit; 2 rooms: private office and shared waiting room; Furnished waiting room within shared office space
More about this property
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