Renovated first-floor amenities include a full-service cafe, tenant lounge, and private fitness facility with showers.
Space Size2,285 SF
Days on Market825
Property Features for 257 E 200 S
General Information
Standard statusActive
Size2,285 SF
Property subtypeOFFICE
Lease TypeFull Service
Additional Details
Highway AccessYes
Amenities
fitness center
conference room
full-service cafe
tenant lounge
secure bike storage
event space
on-site property management
generator
Building Details
TenancyMulti
Spaces For Lease
at 257 E 200 S
257 E 200 S$28/SF/Yr
Floor5
Size2,285 SF
TypeOFFICE
Lease TypeFULL_SERVICE
AvailabilityAVAILABLE, Now
SubleaseNo
- Recently renovated lobby, fitness center, and lounge
- Prominent & panoramic views of downtown and the Wasatch Mountains.
- Parking Ratio: 3 stalls/1,000 RSF within the building's parking garage; Additional parking (up to 2/1,000 SF/+) available within a one block radius
- Energy Star Certified - the national mark of excellence in energy performance and environmental conservation.
- Upgraded generator in place
- Centrally located office building featuring 20,165 RSF contiguous square feet available for lease across multiple floors. The first floor has been completely renovated to include a full-service cafe and lounge, well-equipped private fitness facility with private showers, a new modern design, communal conference rooms, and secure bike storage. These high quality office spaces are close to I-15, I-80, City Creek Center, and many amenities within walking distance.
- Winner of the 2010 TOBY award for superior quality in the building and excellent on-site management, this Energy Star Certified downtown office offers much more than just a place to work. The building also hosts a variety of events for their tenants, including: bi-monthly yoga classes in the fitness center, monthly beverage tastings (wine, beer, liquors, dirty sodas), free donuts in the morning once a month, hot cocoa bar, mammogram bus, tenant BBQ, and a winter continental breakfast.
- Charitable Contributions: American Red Cross Blood Drive, School Supply Drive, Food Drive, Girl Scout Cookie Drive, Boy Scout Popcorn Drive, Sock Drive, and Coat Drive
- $26-$29/ RSF, Full Service
- Excellent downtown location close to amenities
- 2,500 SF Common Area (257 Commons) used to host weekly social events
- 24/7 Security First floor lobby renovation including a modern fitness center
- First floor lobby renovation including a modern fitness center
- Full-service cafe and tenant lounge
- Brand new private fitness facility with individual shower suite
- 2,500 SF communal conference room & event
space available for tenant use
- On-site property management and building engineer
- Ample parking
- Secure bike storage
- 257 Commons available to tenants’ use for employee lunches, corporate events, etc.
- Energy Star Rating: 257 Tower’s ENERGY STAR rating for the year ending January 31, 2023, is 96.
- LEED Lighting Upgrade: Ownership has been
systematically upgrading our common area lighting to LEEDs. More than 90% of our common area is now LEED
- Semi-annual E-waste drives
- Weekly hosted events and giveaways
- Charitable events such as Back to School Drives
- Beer, wine, and spirit tastings
- Annual BBQ
- Restaurant gift card raffles
- Holiday breakfast and other seasonal events such as Summer
- Ice Cream socials
- At 257 Tower, in the commons area Tenants enjoy frequent opportunities to recharge and collaborate with weekly hosted events and giveaways. This commons area is available for Tenants to reserve for trainings, meetings or collaboration events with their company.
- 257 Tower is a notable part of the Salt Lake City Skyline, situated in the SLC Downtown Business District. Surrounded by retail, entertainment, and hospitality. 257 Tower is the desired space for multiple tenants looking for a differentiated office space.
- Semi-annual E-waste drives
- Weekly hosted events and giveaways
- Charitable events such as Back to School Drives
- Beer, wine, and spirit tastings
- Annual BBQ
- Restaurant gift card raffles
- Holiday breakfast and other seasonal events such as Summer Ice Cream socials
Contact us
Listing Agency:CBRE | Salt Lake City(801) 869-8000
Added: Jul 12, 2024Changed: Oct 7Last Checked: Oct 12 at 7:27PM
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.
Centrally located office building offering contiguous office space across multiple floors. The first floor has been recently renovated to include a full-service cafe and tenant lounge, well-equipped private fitness facility with private showers, secure bike storage, and communal conference rooms and event space. The building also includes a renovated lobby, and features an upgraded generator.
Parking is available in the building’s parking garage with a stated ratio of 3 stalls per 1,000 RSF, and additional parking may be available within a one-block radius. The property is Energy Star Certified, and has an Energy Star rating of 96 for the year ending January 31, 2023. Ownership has also performed a LEED lighting upgrade, with more than 90% of common area lighting now LEED.
Tenant-use commons area totaling 2,500 SF (identified as 257 Commons) is available for reservations such as employee lunches, corporate events, trainings, and meetings. On-site property management and a building engineer support building operations, and 24/7 security is provided in the first floor lobby. The building also hosts frequent tenant events and charitable drives.
Key Highlights
Centrally located 20,165 RSF office building with 3‑stall/1,000 RSF parking garage ratio and additional parking within one block
Recently renovated first floor includes full‑service cafe and tenant lounge, plus a brand new private fitness facility with private shower suite
Energy Star Certified building; ENERGY STAR rating of 96 for the year ending January 31, 2023
Property Analytics
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Open Analytics
Current Use
TheraDoc Clinical Surveillance(Bike/Boat/Book/etc) StoreStone Hill NationalInsurance AgencyTimber Crest Wealth ...Financial AdvisorNorman J. Younker ...Law FirmAshton J. Hyde ...Law Firm
Suggested Use
Top Pick(Bike/Boat/Book/etc) StoreMobile Phone StorePet Grooming ServicePet StorePet Store & ServiceVeterinary Clinic
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
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,658
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
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Market
Lease Benchmarks for Salt Lake City, UT
$22.71 /SF/Yr
Avg Asking Price
$1.05–$67.5 /SF/Yr
Price Range
14,961 SF
Avg Space Size
This space is priced 23% above
the average of $22.71 /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 units - Renovated first-floor amenities include a full-service cafe, tenant lounge, and private fitness facility with showers.
Where is this office units located?
The property is located at 257 E 200 S Salt Lake City, UT.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Centrally located 20,165 RSF office building with 3‑stall/1,000 RSF parking garage ratio and additional parking within one block; Recently renovated first floor includes full‑service cafe and tenant lounge, plus a brand new private fitness facility with private shower suite; Energy Star Certified building; ENERGY STAR rating of 96 for the year ending January 31, 2023
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New: 350 Mission StJust listed · $36/SF · 2 min ago