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Class A Office Space
For Lease
$33 SF/Yr

36 South State Street, Salt Lake City, UT 84111

Prestigious office building in Salt Lake City's central business district.

Space SizeContact for details
Days on Market272

Property Features for 36 South State Street

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Roman Bernardo
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 20 at 1:18PM

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 Roman Bernardo

Investment Insights

Based on property information with market context.

The Key Bank Tower at City Creek is a 26-story Class-A office building situated on State Street in Salt Lake City's central business district. The property has been recently updated with a modernized main lobby, revamped garage entrance, and upgraded elevator systems. The building provides on-site property management and covered parking. It also offers convenient access to City Creek Center, which features over 100 national retailers and restaurants.

Key Highlights

  • Prestigious address on State Street in Salt Lake City's central business district.
  • Class‑A office building with 26 stories.
  • Recently updated with a modernized main lobby, revamped garage entrance, and upgraded elevator systems.

Property Analytics

Current Use

Tanner LLC Accounting Firm Smith David J Law Firm Maria E. Windham, ... Law Firm Team THF Gym & Fitness Center McDonald's Restaurant

Suggested Use

Top Pick Butcher Veterinary Clinic Pet Store & Service (Bike/Boat/Book/etc) Store Pet Store Pet Grooming Service

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

NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,161
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

$27.13 /SF/Yr
Avg Asking Price
$16–$45 /SF/Yr
Price Range
13,757 SF
Avg Space Size

This space is priced 22% above the average of $27.13 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Prestigious office building in Salt Lake City's central business district.
Where is this office building located?
The property is located at 36 South State Street Salt Lake City, UT.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: Prestigious address on State Street in Salt Lake City's central business district.; Class‑A office building with 26 stories.; Recently updated with a modernized main lobby, revamped garage entrance, and upgraded elevator systems.
More about this property
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