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Downtown Office Space Available
For Lease
$43 SF/Yr

95 South State Street, Salt Lake City, UT 84111

Prime downtown office space for sublease on the 24th floor.

Space SizeContact for details
Days on Market151

Property Features for 95 South State Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Salt Lake City
Listed By: Tab Cornelison
Source: Cbre
Added: Mar 25 Changed: Aug 16 Last Checked: Aug 21 at 10:38AM

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 CBRE | Salt Lake City

Investment Insights

Based on property information with market context.

This office space, located on the 24th floor of the 95 State Building, offers 7,624 rentable square feet in a prime central business district location. The sublease expires April 30, 2038. The lease is full service gross at $43.00 per rentable square foot. Furniture is included. Parking is available at a ratio of 2 per 1,000 square feet at market rate.

Key Highlights

  • Prime CBD location
  • Sublease expires April 30, 2038
  • Includes furniture

Property Analytics

Current Use

Marcus & Millichap Real Estate Agency Foley & Lardner LLP: ... Law Firm Maschoff Brennan | Intellectual ... Law Firm MGIS Insurance Agency Leavitt Equity Partners Corporate Office

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Veterinary Clinic (Bike/Boat/Book/etc) 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

7,496
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 87% above 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 - Prime downtown office space for sublease on the 24th floor.
Where is this office units located?
The property is located at 95 South State Street Salt Lake City, UT.
What is the lease rate?
The lease rate is $43 SF/Yr.
What are key features of this property?
This property features: Prime CBD location; Sublease expires April 30, 2038; Includes furniture
More about this property
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