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Downtown Salt Lake City Office
For Lease
$24 SF/Yr

230 South 500 East, Salt Lake City, UT 84102

33,690 SF office space available for lease.

Space SizeContact for details
Property Size33,690 SF
Days on Market255

Property Features for 230 South 500 East

General Information

Standard status Active
Size 33,690 SF
Property subtype Office
Listing Agency:
Listed By: Scott Wilmarth
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Aug 4 at 3:57AM

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 Scott Wilmarth

Investment Insights

Based on property information with market context.

This office space, located in Salt Lake City, Utah, offers 33,690 square feet of space available for rent. The property is situated in the downtown area.

Key Highlights

  • 33,690 SF of office space available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Storage Facility

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,220
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

Lease Benchmarks for Salt Lake City, UT

$22.8 /SF/Yr
Avg Asking Price
$0.67–$69.06 /SF/Yr
Price Range
17,810 SF
Avg Space Size

This space is priced 5% above the average of $22.8 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 33,690 SF office space available for lease.
Where is this office units located?
The property is located at 230 South 500 East Salt Lake City, UT.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 33,690 SF of office space available
More about this property
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