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    405 South Main St Salt Lake City, UT 84111

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    For Lease
    $25 SF/Yr

    Prime downtown Salt Lake City office space for sublease.

    Property size:
    163,152 SF
    Lot size:
    163,152 SF

    Property Features for 405 South Main St

    General Information

    Size
    163,152 SF

    Building Details

    Year built
    1955

    Source: Alexander Priskos Agent Alexander Priskos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Office Sublease Opportunity

    This property features a downtown location with access to TRAX light rail and major highways. The sublease term extends through November 2026, and the rental rate is below market. The layout includes four private offices and a dedicated reception area. Furnished office furniture is available upon request. The property is located in downtown Salt Lake City, surrounded by restaurants, coffee shops, and local retailers. It offers access to TRAX light rail and connections to I-15, I-80, and I-215.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lincoln Law Bankruptcy Attorney goebel anderson Insurance Attorney Berrett & Associates, LC Attorney Gregory C Zaugg ... Attorney The McCullough Group Law Firm

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8907725
    Latitude
    40.7603521

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    FAQs

    What type of property is this?
    Office space - Prime downtown Salt Lake City office space for sublease.
    Where is this office space located?
    The property is located at 405 South Main St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Premier downtown location with abundant amenities.; - Below-market rental rate within the building.; - Sublease term through November 2026.
    (801) 903-8749
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    405 South Main St Salt Lake City, UT 84111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 South Main St Salt Lake City, UT 84111
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