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Creative Office Space for Rent
For Lease
$17 SF/Yr

331 South Rio Grande, Salt Lake City, UT 84101

Office space in up-and-coming neighborhood near downtown Salt Lake.

Space Size1,488 SF - 3,500 SF
Property Size47,000 SF
Days on Market206

Property Features for 331 South Rio Grande

General Information

Standard status Active
Size 1,488 SF - 3,500 SF
Class B
Property subtype Office
Lease Term Full Service

Building Details

Building Size 47,000 SF
Year Built 1912

Spaces For Lease

at 331 South Rio Grande Contact us

Suite 202 $17 – $21/SF/Yr

Size
3,500 SF
Term
Negotiable
Contact us

Suite 203 $17 – $21/SF/Yr

Size
3,358 SF
Term
Negotiable
Contact us

Suite 204 $17 – $21/SF/Yr

Size
1,809 SF
Term
Negotiable
Contact us

Suite 306 $17 – $21/SF/Yr

Size
2,004 SF
Term
Negotiable
Contact us

Suite 307 $17 – $21/SF/Yr

Size
1,488 SF
Term
Negotiable
Contact us
Listing Agency: InterNet Properties Inc
Listed By: Christian Priskos, CCIM · License #8228033-SA00
Source: Iproperties
Added: Jan 27 Changed: Aug 21 Last Checked: Aug 21 at 4:22AM

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.

Office space is available for rent in an up-and-coming neighborhood close to downtown Salt Lake City. The location benefits from current and future growth, including hundreds of housing units and surrounding businesses in the area. It is located within walking distance of The Gateway, Pioneer Park, TRAX, and downtown Salt Lake City, and is next to all major freeways. Adjacent parking stalls are available. The property is also minutes away from the SLC International Airport and the University of Utah. The space features an excellent urban/creative aesthetic with exposed brick, ducting, and original hardwood floors. Suites offer open or bullpen floor plans and tall ceilings. There is lots of natural light in suites and common areas. The property provides ADA access with an elevator and a common area loading dock on-site. Hundreds of new apartment units are under construction within a 1-block radius. The property size is 47000 square feet.

Key Highlights

  • Prime Location: Walking distance to The Gateway, Pioneer Park, TRAX, and downtown Salt Lake City.
  • Excellent Accessibility: Located next to all major freeways and minutes from SLC International Airport and the University of Utah.
  • High Growth Area: Situated in an up‑and‑coming neighborhood with hundreds of new housing units under construction nearby.

Property Analytics

Current Use

PEGUS Research Inc Research Institute Barton Law Office, ... Law Firm David E. Rosenbloom, ... Law Firm Alta Minerals Industrial Park Blerp Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Wine and Liquor Store Pet Grooming Service Veterinary Clinic (Bike/Boat/Book/etc) Store Fish Market

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,947
Businesses Nearby

Demographics for 84101, UT

8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
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 26% 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in up-and-coming neighborhood near downtown Salt Lake.
Where is this office units located?
The property is located at 331 South Rio Grande Salt Lake City, UT.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prime Location: Walking distance to The Gateway, Pioneer Park, TRAX, and downtown Salt Lake City.; Excellent Accessibility: Located next to all major freeways and minutes from SLC International Airport and the University of Utah.; High Growth Area: Situated in an up‑and‑coming neighborhood with hundreds of new housing units under construction nearby.
More about this property
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