Full-Service Office
For Sale
Contact for pricing
68 S Main St, Salt Lake City, UT 84101
5,517 rentable square feet of office space in the Historic McIntyre Building with private app-controlled elevator entry.
Property Size5,517 SF
Price / SF$1.00
Days on Market95
Property Features for 68 S Main St
General Information
Standard status
Active
Size
5,517 SF
Property subtype
Office
Site & Location
Neighborhood
Downtown
Listing Agency:
Pleasant Grove
Listed By:
Dan Ford
(801) 666-5502
Source:
Colliers
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 24 at 1:33PM
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 Pleasant Grove
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Investment Insights
Based on property information with market context.
Available for lease in the Historic McIntyre Building, this full-service office suite offers 5,517 rentable square feet of space for business use. The building provides private elevator access with secure, app-controlled entry.
The property is located on Main Street in Salt Lake City’s Central Business District, with direct access to the City Center and TRAX station access approximately 240 feet from the building entrance. The site also offers walkable access to nearby dining, retail, and amenities, and convenient parking is available at the City Creek Parking Garage.
Showings are available during business hours.
The property is located on Main Street in Salt Lake City’s Central Business District, with direct access to the City Center and TRAX station access approximately 240 feet from the building entrance. The site also offers walkable access to nearby dining, retail, and amenities, and convenient parking is available at the City Creek Parking Garage.
Showings are available during business hours.
Key Highlights
- 5,517 rentable SF office space available in the Historic McIntyre Building
- Lease rate of $30.00 per SF (full service)
- Private, app‑controlled elevator access with secure entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,991
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,820
$1.6M
Cap Rate 7%
$1,142,729
$1.1M
Cap Rate 9%
$888,789
$888.8K
Market Conditions
NOI Build-Up for 5,517 SF
Gross rent
$118.5K $21.48/SF
− Vacancy
−$11.9K −$2.15/SF
EGI
$106.7K $19.33/SF
− OpEx
−$26.7K −$4.83/SF
NOI
$80.0K $14.50/SF
Area
Salt Lake City, UT
Vacancy
10.00%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,820
Cap Rate 7%
$1,142,729
Cap Rate 9%
$888,789
Alternative Uses
Best Use
Office B
$1.14M
$999.9K – $1.33M
NOI $79,991 @ 7.0% cap · market cap 1,449.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,045 @ 7.0% cap · market cap 1,885.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
7,032
Businesses Nearby
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Business Placement
Demographics for 84101, UT
8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
Median Home Value
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Market
Vacancy Rate% for Office in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Office unit - 5,517 rentable square feet of office space in the Historic McIntyre Building with private app-controlled elevator entry.
Where is this office unit located?
The property is located at 68 S Main St Salt Lake City, UT.
What are key features of this property?
This property features: 5,517 rentable SF office space available in the Historic McIntyre Building; Lease rate of $30.00 per SF (full service); Private, app‑controlled elevator access with secure entry
