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Shell-Condition Office Suite
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324 S State St, Salt Lake City, UT 84111

Shell-condition office space with lobby refresh and plug-and-play readiness, plus above-average downtown parking and garage access.

Property Size6,135 SF
Days on Market127

Property Features for 324 S State St

General Information

Standard status Active
Size 6,135 SF
Property subtype OFFICE
Listing Agency: JLL | Salt Lake City
Listed By: Amanda Lawson · License #6827459-SA00
Source: Moodyscre
Added: Mar 27 Changed: Jul 25 Last Checked: Jul 30 at 11:32AM

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 JLL | Salt Lake City

Investment Insights

Based on property information with market context.

This office suite is delivered in shell condition and is described as ready for tenant improvements. The building includes a lobby refresh, and the space is marketed as plug-and-play. Building signage is available, supporting branding and visibility for prospective tenants.

The property is located at 324 S State St in Salt Lake City, offering views of the Wasatch Mountains and Salt Lake City and County Building. Onsite parking includes an attached parking garage with direct access to the building, along with ample and above-average downtown parking. The remarks also note the TRAX stop is about one block away.

The overall configuration is presented as convenient for downtown operations, with easy access from the onsite garage and nearby transit.

Key Highlights

  • Office space in shell condition, ready for tenant improvements
  • Lobby refresh included
  • Plug‑and‑play space

Property Analytics

Current Use

Mortenson Company Construction Company Rural Development State Government Office Spectrum Engineers - Salt ... Mechanical Engineer TBCx Building Consultant RDC+EA LLLP Engineering Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Mobile Phone Store Pet Store Wine and Liquor 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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,779
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

$26.98 /SF/Yr
Avg Asking Price
$16–$43 /SF/Yr
Price Range
16,127 SF
Avg Space Size

This space is priced 11% above the average of $26.98 /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 - Shell-condition office space with lobby refresh and plug-and-play readiness, plus above-average downtown parking and garage access.
Where is this office building located?
The property is located at 324 S State St Salt Lake City, UT.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Office space in shell condition, ready for tenant improvements; Lobby refresh included; Plug‑and‑play space
(801) 456-9514 Call to check price and availability
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