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Standalone Office Building
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34 S 600 E, Salt Lake City, UT 84102

Fully furnished office property with parking and a standalone configuration.

Property Size6,765 SF
Price / SF$292.68
Days on Market583

Property Features for 34 S 600 E

General Information

Standard status Active
Size 6,765 SF
Property subtype OFFICE

Additional Details

Furnished Yes
Listing Agency: Mountain West - Corporate
Listed By: J.R. Howa
Source: Moodyscre
Added: Dec 26, 2024 Changed: Jul 31 Last Checked: Aug 1 at 6:10AM

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 Mountain West - Corporate

Investment Insights

Based on property information with market context.

This 6,765-square-foot standalone office building is fully furnished and configured for immediate office use. The property includes parking and offers a self-contained setting for an office occupant or owner-user.

Located at 34 S 600 E in Salt Lake City, the property is directly off South Temple and close to Downtown Salt Lake and the University of Utah. Its furnished condition and standalone layout provide a practical office environment within an established central Salt Lake City setting.

Key Highlights

  • 6,765‑square‑foot standalone office building
  • Fully furnished and turn‑key office property
  • Parking included

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $145.3k $21.48
− Vacancy −$14.5k −$2.15
EGI $130.8k $19.33
− OpEx −$32.7k −$4.83
NOI $98.1k $14.50
6,765 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.40M
$1.23M – $1.63M (±1% cap)
NOI $98,086 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.13M (±1% cap)
NOI $127,581 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Lotus General Construction Company Panache Home Decor Store The Lotus Company Construction Company Holmes & Co Advertising Marketing & Advertising Strategic Health Health

Suggested Use

Top Pick Dental Office Auto Parts Store Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Wine and Liquor 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.

Location Intelligence

Trade Area within ½ mile

3,692
Businesses Nearby

Demographics for 84102, UT

18,857
Population
11,348
Households
1.7
Avg Household Size
29
Median Age
56%
College-Educated
94%
High-School Grad
1.9 sq mi
ZIP Area
9,925
Density / Sq Mi
$50,040
Median Household Income
$32,432
Median Earnings
$1,305
Median Rent
$487,200
Median Home Value

Market

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 building - Fully furnished office property with parking and a standalone configuration.
Where is this office building located?
The property is located at 34 S 600 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: 6,765‑square‑foot standalone office building; Fully furnished and turn‑key office property; Parking included
(801) 578-5545 Call to check price and availability
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