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Office Units with Natural Light
For Lease
$16 SF/Yr

243 East 400 South, Salt Lake City, UT 84111

Office units feature natural light, shared lobby and work areas, a conference room, bathrooms, and accessible parking.

Space SizeContact for details
Days on Market89

Property Features for 243 East 400 South

General Information

Standard status Active
Property subtype Office
Lease Type Full Service

Lease Terms

Lease Rate $16 /USD/SF/YR
Rent per SF/Year $16

Additional Details

Meeting Rooms 1

Amenities

large windows
natural light
spacious lobby
fiber access
security
Listing Agency: CBRE | Salt Lake City
Listed By: Kreg Peterson · License #5483446-SA00
Source: Cbre
Added: Jun 3 Changed: Aug 30 Last Checked: Aug 30 at 8:10AM

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 CBRE | Salt Lake City

Investment Insights

Based on property information with market context.

Office units at 243 East 400 South provide approximately 3,000 square feet of commercial workspace with large windows and abundant natural light. The property includes a spacious lobby, work areas, a conference room, and two bathrooms, supporting a practical office layout.

Accessible parking is available, and fiber access is provided through Utopia and Comcast. Internet and security are included among the lease utilities. The property is located in Salt Lake City’s downtown area.

Key Highlights

  • Approximately 3,000 square feet of office space
  • Large windows provide natural light
  • Spacious lobby, work areas, conference room, and two bathrooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Butcher Pet Store & Service 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,309
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
17,520 SF
Avg Space Size

This space is priced 30% 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
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Frequently Asked Questions

What type of property is this?
Office units - Office units feature natural light, shared lobby and work areas, a conference room, bathrooms, and accessible parking.
Where is this office units located?
The property is located at 243 East 400 South Salt Lake City, UT.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Approximately 3,000 square feet of office space; Large windows provide natural light; Spacious lobby, work areas, conference room, and two bathrooms
More about this property
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