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Downtown Office Sublease Opportunity
For Lease
$25.50 SF/Yr

405 South Main Street, Salt Lake City, UT 84111

Prime downtown Salt Lake City office space for sublease.

Space Size1,184 SF
Property Size163,152 SF
Days on Market275

Property Features for 405 South Main Street

General Information

Standard status Active
Size 1,184 SF
Class B
Property subtype Office
Lease Term Full Service

Building Details

Building Size 163,152 SF
Year Built 1955

Spaces For Lease

at 405 South Main Street Contact us

Suite 930 (Sublease) $25.50/SF/Yr

Size
1,184 SF
Term
Negotiable
Contact us
Listing Agency: InterNet Properties
Listed By: Alexander Priskos · License #UT #13243788-SA00
Source: Iproperties
Added: Nov 21, 2025 Changed: Aug 22 Last Checked: Aug 22 at 5:16AM

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 InterNet Properties

Investment Insights

Based on property information with market context.

This property features a downtown location with access to TRAX light rail and major highways. The sublease term extends through November 2026, and the rental rate is below market. The layout includes four private offices and a dedicated reception area. Furnished office furniture is available upon request. The property is located in downtown Salt Lake City, surrounded by restaurants, coffee shops, and local retailers. It offers access to TRAX light rail and connections to I-15, I-80, and I-215.

Key Highlights

  • Premier downtown location with abundant amenities.
  • Below‑market rental rate within the building.
  • Sublease term through November 2026.

Property Analytics

Current Use

Lincoln Law Law Firm goebel anderson Law Firm Berrett & Associates, LC Law Firm Gregory C Zaugg ... Law Firm The McCullough Group Law Firm

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Wine and Liquor Store Mobile Phone 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
$3.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,058
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

$22.95 /SF/Yr
Avg Asking Price
$9–$69.06 /SF/Yr
Price Range
17,272 SF
Avg Space Size

This space is priced 11% above the average of $22.95 /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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Prime downtown Salt Lake City office space for sublease.
Where is this office units located?
The property is located at 405 South Main Street Salt Lake City, UT.
What is the lease rate?
The lease rate is $25.50 SF/Yr.
What are key features of this property?
This property features: Premier downtown location with abundant amenities.; Below‑market rental rate within the building.; Sublease term through November 2026.
More about this property
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