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Office Unit with Parking
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231 E 400 S, Salt Lake City, UT 84111

Compact office space with utilities and parking included, positioned near public transit and downtown amenities.

Space Size1,061 SF
Days on Market1898

Property Features for 231 E 400 S

General Information

Standard status Active
Size 1,061 SF
Property subtype OFFICE

Additional Details

Space Use Office
Public Transit Yes

Amenities

Utilities included
Parking included

Spaces For Lease

at 231 E 400 S Contact us

231 E 400 S $1,945/Mo

Floor
1
Size
1,061 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- This is a large office space. - A wall may be built with a door to make four offices...
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Listing Agency: Newport Devcor
Listed By: Matt Finlinson
Source: Moodyscre
Added: Jun 24, 2021 Changed: Aug 29 Last Checked: Sep 1 at 11:22PM

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 Newport Devcor

Investment Insights

Based on property information with market context.

This 114-square-foot office unit provides a compact workspace in a downtown building. Utilities and parking are included, while internet service is the occupant’s responsibility.

The property is across from the Salt Lake Public Library, with a TRAX line in front of the building. A 3-level parking structure supports convenient access for occupants and visitors.

Key Highlights

  • 114 square feet of office space
  • Utilities included
  • Downtown parking included

Property Analytics

Current Use

Jose A. Loayza & Associates, ... Law Firm SEO Wizards Marketing & Advertising SimpleGuard Security Security Service Pace Johnson Law ... Law Firm Young Minds Therapy Psychotherapist

Suggested Use

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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,167
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

$22.38 /SF/Yr
Avg Asking Price
$9–$69.06 /SF/Yr
Price Range
16,571 SF
Avg Space Size

This space is priced 2% below the average of $22.38 /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 - Compact office space with utilities and parking included, positioned near public transit and downtown amenities.
Where is this office units located?
The property is located at 231 E 400 S Salt Lake City, UT.
What is the lease rate?
The lease rate is $1,945/Mo.
What are key features of this property?
This property features: 114 square feet of office space; Utilities included; Downtown parking included
(801) 604-7441 Call to check price and availability
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