13-story office tower offering conference rooms, covered parking with EV chargers, and 24/7 security.
Space Size5,797 SF
Days on Market1938
Property Features for 215 S State St
General Information
Standard statusActive
Size5,797 SF
Total Parking Spaces422
Property subtypeOFFICE
Lease TypeFull Service
Amenities
fitness center with showers and lockers
tenant lounge and conferencing center
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
private terraces and balconies
Building Details
Stories13
Spaces For Lease
at 215 S State St
215 S State St$33/SF/Yr
Floor7
Size5,797 SF
TypeOFFICE
Lease TypeFULL_SERVICE
AvailabilityAVAILABLE, Now
SubleaseNo
- 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.
Contact us
Listing Agency:CBRE | Salt Lake City(801) 869-8000
Listed By:Scott Wilmarth(801) 869-8025
Source:Moodyscre
Added: Jun 17, 2021Changed: Sep 11Last Checked: Oct 5 at 7:51PM
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
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Open Analytics
Current Use
Philip D. Dracht, ...Law FirmSP+ ParkingParking Lot & GarageFirst American Title ...Title CompanySedgwick Claims Management ...Financial AdvisorCB Richard EllisReal Estate Agency
Suggested Use
Top PickBuilding SupplyAuto Parts StoreVeterinary Clinic(Bike/Boat/Book/etc) StoreHVAC ServiceBig 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
Check the figures for this propertyCap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Salt Lake City, UT
$27.37 /SF/Yr
Avg Asking Price
$16–$43 /SF/Yr
Price Range
11,206 SF
Avg Space Size
This space is priced 21% above
the average of $27.37 /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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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
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