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Downtown Office Building with Fitness Center
For Lease
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257 E 200 S, Salt Lake City, UT 84111

Recently renovated first-floor lobby with a full-service cafe, tenant lounge, and private fitness facility with private showers.

Space Size11,690 SF
Property Size20,165 SF
Days on Market825

Property Features for 257 E 200 S

General Information

Standard status Active
Size 11,690 SF
Net Rentable 20,165 SF
Property subtype OFFICE
Lease Type Full Service

Space & Availability

Available Space 20,165 SF
Contiguous Space 20,165 SF
Space Use Office

Lease Terms

Monthly Rent $43,690-$48,732
Rent per SF/Year $26-$29

Additional Details

Highway Access Yes

Amenities

fitness center
lounge
full-service cafe
communal conference rooms and event space
secure bike storage
private fitness facility with showers
257 Commons common area
24/7 security
generator
on-site property management
building engineer

Building Details

Parking Ratio 3 per 1,000 SF

Spaces For Lease

at 257 E 200 S
257 E 200 S $26/SF/Yr
Floor 4
Size 11,690 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Recently renovated lobby, fitness center, and lounge - Prominent & panoramic views of downtown and the Wasatch Mountains. - Parking Ratio: 3 stalls/1,000 RSF within the building's parking garage; Additional parking (up to 2/1,000 SF/+) available within a one block radius - Energy Star Certified - the national mark of excellence in energy performance and environmental conservation - Upgraded generator in place - Centrally located office building featuring 20,165 RSF contiguous square feet available for lease across multiple floors. The first floor has been completely renovated to include a full-service cafe and lounge, well-equipped private fitness facility with private showers, a new modern design, communal conference rooms, and secure bike storage. These high quality office spaces are close to I-15, I-80, City Creek Center, and many amenities within walking distance. - Winner of the 2010 TOBY award for superior quality in the building and excellent on-site management, this Energy Star Certified downtown office offers much more than just a place to work. The building also hosts a variety of events for their tenants, including: bi-monthly yoga classes in the fitness center, monthly beverage tastings (wine, beer, liquors, dirty sodas), free donuts in the morning once a month, hot cocoa bar, mammogram bus, tenant BBQ, and a winter continental breakfast. - Charitable Contributions: American Red Cross Blood Drive, School Supply Drive, Food Drive, Girl Scout Cookie Drive, Boy Scout Popcorn Drive, Sock Drive, and Coat Drive - $26-$29/ RSF, Full Service - Excellent downtown location close to amenities - 2,500 SF Common Area (257 Commons) used to host weekly social events - 24/7 Security First floor lobby renovation including a modern fitness center - First floor lobby renovation including a modern fitness center - Full-service cafe and tenant lounge - Brand new private fitness facility with individual shower suite - 2,500 SF communal conference room & event space available for tenant use - On-site property management and building engineer - Ample parking - Secure bike storage - 257 Commons available to tenants’ use for employee lunches, corporate events, etc. - Energy Star Rating: 257 Tower’s ENERGY STAR rating for the year ending January 31, 2023, is 96. - LEED Lighting Upgrade: Ownership has been systematically upgrading our common area lighting to LEEDs. More than 90% of our common area is now LEED - Semi-annual E-waste drives - Weekly hosted events and giveaways - Charitable events such as Back to School Drives - Beer, wine, and spirit tastings - Annual BBQ - Restaurant gift card raffles - Holiday breakfast and other seasonal events such as Summer - Ice Cream socials - At 257 Tower, in the commons area Tenants enjoy frequent opportunities to recharge and collaborate with weekly hosted events and giveaways. This commons area is available for Tenants to reserve for trainings, meetings or collaboration events with their company. - 257 Tower is a notable part of the Salt Lake City Skyline, situated in the SLC Downtown Business District. Surrounded by retail, entertainment, and hospitality. 257 Tower is the desired space for multiple tenants looking for a differentiated office space. - Semi-annual E-waste drives - Weekly hosted events and giveaways - Charitable events such as Back to School Drives - Beer, wine, and spirit tastings - Annual BBQ - Restaurant gift card raffles - Holiday breakfast and other seasonal events such as Summer Ice Cream socials
Contact us
Listing Agency: CBRE | Salt Lake City
Listed By: Kreg Peterson · License #5483446-SA00
Source: Moodyscre
Added: Jul 12, 2024 Changed: Oct 4 Last Checked: Oct 12 at 10:38PM

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 downtown office building offers 20,165 RSF of contiguous space for lease across multiple floors. The first floor features a recently renovated lobby along with a full-service cafe and tenant lounge. The building also includes a well-equipped private fitness facility with private showers, communal conference rooms, and secure bike storage.

Parking is supported by a 3 stalls per 1,000 RSF ratio within the building’s parking garage, with additional parking available within a one-block radius. The property includes an upgraded generator and is Energy Star Certified, with an ENERGY STAR rating of 96 for the year ending January 31, 2023. Ownership has completed a LEED lighting upgrade, with more than 90% of common area lighting upgraded.

Tenants can use 2,500 SF of common area (257 Commons) for employee lunches and corporate events, including reservable space for meetings and collaboration activities. The building is centrally located near I-15, I-80, City Creek Center, and many amenities within walking distance.

Key Highlights

  • 20,165 RSF contiguous office space available for lease across multiple floors
  • Recently renovated first‑floor lobby with full‑service cafe and tenant lounge
  • Private fitness facility with individual shower suite

Property Analytics

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Current Use

TheraDoc Clinical Surveillance (Bike/Boat/Book/etc) Store Stone Hill National Insurance Agency Timber Crest Wealth ... Financial Advisor Norman J. Younker ... Law Firm Ashton J. Hyde ... Law Firm

Suggested Use

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

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$4.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,658
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salt Lake City, UT

$22.71 /SF/Yr
Avg Asking Price
$1.05–$67.5 /SF/Yr
Price Range
14,961 SF
Avg Space Size

This space is priced 21% above the average of $22.71 /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 - Recently renovated first-floor lobby with a full-service cafe, tenant lounge, and private fitness facility with private showers.
Where is this office units located?
The property is located at 257 E 200 S Salt Lake City, UT.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 20,165 RSF contiguous office space available for lease across multiple floors; Recently renovated first‑floor lobby with full‑service cafe and tenant lounge; Private fitness facility with individual shower suite
(801) 869-8092 Call to check price and availability
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