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Exchange Place Retail/Office Space
For Lease
$20.75 SF/Yr

51 East 400 South, Salt Lake City, UT 84111

Office or retail space in the Exchange Place Historic District.

Space Size1,519 SF
Property Size22,000 SF
Days on Market273

Property Features for 51 East 400 South

General Information

Standard status Active
Size 1,519 SF
Class C
Property subtype Office
Lease Term Full Service

Building Details

Building Size 22,000 SF

Spaces For Lease

at 51 East 400 South Contact us

Suite 240 $20.75/SF/Yr

Size
1,519 SF
Term
Negotiable
Contact us
Listing Agency: InterNet Properties Inc
Listed By: Nico Priskos
Source: Iproperties
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 21 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InterNet Properties Inc

Investment Insights

Based on property information with market context.

This property offers office or retail space for lease at $24 per square foot, full service. It features a prime south exposure with a large storefront. Located in the Exchange Place Historic District, the property provides convenient access to a wide array of downtown amenities and attractions. The location is in close proximity to the Main Street TRAX Station. Convenient parking garages are located on Exchange Place. The versatile space is suitable for either retail or office use. The property size is 22000 square feet.

Key Highlights

  • Prime 400 South exposure with large storefront.
  • Versatile space suitable for retail or office use.
  • Located in Exchange Place Historic District.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Butcher Pet Store & Service Pet Store

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

4,309
Businesses Nearby

Demographics for 84111, UT

12,162
Population
8,635
Households
1.4
Avg Household Size
34
Median Age
55%
College-Educated
95%
High-School Grad
1.4 sq mi
ZIP Area
8,687
Density / Sq Mi
$57,188
Median Household Income
$49,490
Median Earnings
$1,294
Median Rent
$423,000
Median Home Value

Market

Lease Benchmarks for Salt Lake City, UT

$22.95 /SF/Yr
Avg Asking Price
$9–$69.06 /SF/Yr
Price Range
17,272 SF
Avg Space Size

This space is priced 10% below the average of $22.95 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office or retail space in the Exchange Place Historic District.
Where is this office units located?
The property is located at 51 East 400 South Salt Lake City, UT.
What is the lease rate?
The lease rate is $20.75 SF/Yr.
What are key features of this property?
This property features: Prime 400 South exposure with **large storefront**.; Versatile space suitable for retail or office use.; Located in Exchange Place Historic District.
More about this property
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