Building Details

Stories 13

Spaces For Lease

at 215 S State St Contact us

215 S State St $33/SF/Yr

Floor

7

Size

5,797 SF

Type

OFFICE

Lease Type

FULL_SERVICE

Availability

AVAILABLE, Now

Sublease

No

- State-of-the-art fitness center with showers and lockers, underway. - High-tech... tenant lounge and conferencing center, underway. - Newly renovated lobby with collaboration areas - Wi-Fi in all common areas - Conference rooms - Covered parking with on-site EV chargers - On-site property management - 24/7 security - Large outdoor plaza with seating - On-site restaurant/coffee service - Situated in the epicenter of Salt Lake City’s Downtown, Second + State delivers a vibrant workplace experience with a prominent State Street address. Second + State has transformed into an innovative work environment through exterior and interior capital improvements; a true transformation that effortlessly blends the built environment with the intangible elements enhancing the workplace experience. - Designed with purpose, Second + State has re-imagined your workspace experience and offers an all-inclusive work experience proven to enhance employee wellness, innovation, and productivity. - Second + State will excite and inspire today’s future forward business’s via collaborative workspaces and abundant amenity offerings allowing work + life to collide effortlessly together - Step away from your office and take your meeting downstairs to collaborate with your team in one of our lobby collaboration areas, or in our high-tech tenant lounge and conferencing center. - Take a mental break and shift your focus to your health and wellness goals. With our expanded on-site, state-of-the-art fitness center, working out + meeting your fitness goals has never been easier. - Stories: 13 - Rentable Area: 203,607 Sf - Typical Floor-To-Floor: 12’ 6” - Column Spacing: 20’ - Number Of Elevators: The Property Has 6 Elevators. - There Are 4 Traction Elevators for the Main Tower and 2 Hydraulic Elevators for the Parking Terrace and the Lower Rise Plaza. - Parking Spaces Or Ratio: 2/1,000 Fsf; 422 Parking Space. - Certifications: UL Verified Healthy Building for Indoor Air - Verified healthy building for indoor air: We rigorously assess Indoor Air Quality (IAQ) and confirm plans to improve and maintain optimized IAQ HVAC system and air quality tests verify proper air filtration and ventilation, resulting in reduced volatile compounds - Merv filter: 13 cleaning protocols: The building uses 100% Green Seal Certified paper and soap products in all restrooms. The cleaning contractor on the property uses processes and materials that are recommended by the Green Building Council. - Regular business hours: Monday – Friday: 7am – 6pm; Saturday 7am – 1pm - Building access for tenants: 24/7, 365 - Building security: 24-hour security - HVAC: 400 ton chiller supplemented w/Indirect and evaporative cooling for efficiency - Electrical: 4000 Amps - Telecom service providers: All Stream, Comcast, Century Link, AT&T, Verizon - Riser management: Property Management - State-of-the-art fitness center with showers and lockers, underway - High-tech tenant lounge and conferencing center, underway - Newly renovated lobby with collaboration areas - Wi-Fi in all common areas - Conference rooms - Covered parking with on-site EV chargers - On-site property management - 24/7 security - Large outdoor plaza with seating - On-site restaurant/coffee service - At Second + State, our abundant amenities offering helps reshape the way you think, and work. - Step away from your office and take your meeting downstairs to collaborate with your team in one of our lobby collaboration areas, or in our high-tech tenant lounge and conferencing center - Take a mental break and shift your focus to your health and wellness goals. With our expanded on-site, state-of-the-art fitness center, working out + meeting your fitness goals has never been easier. - Second + State not only delivers high-quality, highly functional office spaces, but many of our spaces offer a much sought-after indoor/outdoor work experience. With access to private terraces and balconies on the upper floors, take in the views of the Wasatch Front, get some fresh air, and gain fresh perspectives. - Second + State offers an inventory of high-end finished specs suites that provide flexibility to create and grow your business, efficiently. With a full-floor spec suite opportunity with private outdoor patio space, to smaller spaces, there are several move-in ready suites for your company to plant its roots and hit the ground running in the new space. - Located in Salt Lake City’s Central Business District and just two blocks from Gallivan Plaza Station, and a short walk to City Creek Center, Second + State features unrivaled accessibility to retail, hotels, new multifamily residential developments, and much more - Founded in 1992 by Charles J. Schreiber and Peter Bren, the KBS team is comprised of real estate professionals with extensive hands-on real estate experience. - KBS acquires and operates prime commercial real estate in some of the most successful markets in the country. We are committed to our business ethics and relationships with a constant focus on exceeding the expectations of our investors, partners, and tenants.

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Contact us

Listing Agency: CBRE | Salt Lake City n***@cbre.com Show Phone

Listed By: Scott Wilmarth

Source: Moodyscre

Added: Jun 17, 2021 Changed: Aug 8 Last Checked: Aug 20 at 9:50AM

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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.

Second + State is a 13-story office building offering newly renovated lobby collaboration areas, Wi‑Fi in common areas, and conference rooms. The property includes an on-site fitness center with showers and lockers (underway) and a high-tech tenant lounge and conferencing center (underway). Covered parking features on-site EV chargers, and the building provides on-site property management, 24/7 security, and a large outdoor plaza with seating plus on-site restaurant/coffee service.

Located at 215 S State St in Salt Lake City’s Central Business District, the building is two blocks from Gallivan Plaza Station and a short walk to City Creek Center.

Operational details include 6 elevators (4 traction for the main tower and 2 hydraulic for the parking terrace and lower rise plaza) and access for tenants 24/7, 365. Building systems include a 400-ton chiller supplemented with indirect and evaporative cooling, and the property is described as a UL Verified Healthy Building for indoor air with optimized IAQ and MERV 13 filtration protocols.

Key Highlights

• 13‑story office tower with 203,607 SF rentable area and 12' 6" typical floor‑to‑floor height
• 6 elevators: 4 traction elevators for the main tower and 2 hydraulic elevators for the parking terrace and lower rise plaza
• Covered parking ratio of 2/1,000 Fsf with 422 parking spaces, including on‑site EV chargers

Property Analytics

Property Profile

Current Use

Philip D. Dracht, ... Law Firm SP+ Parking Parking Lot & Garage First American Title ... Title Company Sedgwick Claims Management ... Financial Advisor CB Richard Ellis Real Estate Agency

Suggested Use

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

$4.95 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

7,496

Businesses Nearby

Explore this area Business Placement

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

$27.13 /SF/Yr

Avg Asking Price

$16–$45 /SF/Yr

Price Range

13,757 SF

Avg Space Size

This space is priced 22% above the average of $27.13 /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 building - 13-story office tower offering conference rooms, covered parking with EV chargers, and 24/7 security.

Where is this office building located?

The property is located at 215 S State St Salt Lake City, UT.

What is the lease rate?

The lease rate is $33 SF/Yr.

What are key features of this property?

This property features: 13‑story office tower with 203,607 SF rentable area and 12' 6" typical floor‑to‑floor height; 6 elevators: 4 traction elevators for the main tower and 2 hydraulic elevators for the parking terrace and lower rise plaza; Covered parking ratio of 2/1,000 Fsf with 422 parking spaces, including on‑site EV chargers