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Upper Sugarhouse Office Sublease Opportunity
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2455 E Parleys Way, Salt Lake City, UT

Office space in Upper Sugarhouse with freeway access.

Property Size6,688 SF
Lot Size2.11 Acres
Days on Market1080

Property Features for 2455 E Parleys Way

General Information

Standard status Active
Size 6,688 SF
Lot size 2.11 Acres
Property subtype OFFICE
Listing Agency: InterNet Properties
Listed By: Jon Wright
Source: Moodyscre
Added: Aug 16, 2023 Changed: Jul 6 Last Checked: Jul 21 at 4:55AM

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

Investment Insights

Based on property information with market context.

Located in Upper Sugarhouse at the base of the Wasatch Mountains, this office space offers convenient freeway access and proximity to the University of Utah, Park City, and Downtown Salt Lake City. The available space, situated in a Parley's Way office building, comprises 6,688 square feet and features 28 individual offices along with a large training/meeting space. Most of the existing furniture can be included in the sublease. Two spaces are currently available for sublease, and a possible subdivision of suites may be considered with a longer-term lease. The sublease expires on February 28, 2021. The property also offers on-building signage. The space will be available mid-May.

Key Highlights

  • Prime Upper Sugarhouse location at the base of the Wasatch Mountains with excellent freeway access.
  • Quick access to the University of Utah, Park City, and Downtown Salt Lake City.
  • 28 individual offices and a large training/meeting space.

Property Analytics

Current Use

Michael Richards Orthodontics Dental Office Blue Clover Therapy Counselor Litchfield Cavo LLP Law Firm Black and Black, Attorneys ... Law Firm Dunn & Dunn, P.C. Law Firm

Suggested Use

Top Pick Restaurant Hair Salon Building Supply Auto Repair Shop Dental Office Parking Lot & Garage

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby

Market

Lease Benchmarks for Salt Lake City, UT

$23.86 /SF/Yr
Avg Asking Price
$9–$69.06 /SF/Yr
Price Range
23,757 SF
Avg Space Size

This space is priced 25% below the average of $23.86 /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 space in Upper Sugarhouse with freeway access.
Where is this office units located?
The property is located at 2455 E Parleys Way Salt Lake City, UT.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime Upper Sugarhouse location at the base of the Wasatch Mountains with excellent freeway access.; Quick access to the University of Utah, Park City, and Downtown Salt Lake City.; 28 individual offices and a large training/meeting space.
(801) 712-9833 Call to check price and availability
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