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    420 Temple St Salt Lake City, UT 84111

    For Lease
    $14 SF/Yr

    Executive suites, flexible layouts, downtown location.

    Lot size:
    142,509 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class B office building, located at 420 East South Temple Street in Salt Lake City, Utah, offers 142,509 square feet of versatile space. Built in 1981, this five-story building sits on a 1.58-acre lot and features a single building with multiple tenancies. The property is zoned RO and boasts convenient elevator access. Units range from a minimum of 1,238 square feet to a maximum contiguous space of 25,945 square feet, providing flexibility for businesses of various sizes. Eleven spaces are currently available. Parking is ample, with a ratio of 3 spaces per 1,000 square feet. The property's central location in Salt Lake City, with the address 420 E S Temple St, zip code 84111, offers excellent accessibility and visibility. This is an ideal opportunity for businesses seeking a well-maintained, centrally located office space in a thriving urban environment. The APN is 1606202018. This property presents a unique chance to establish a presence in a desirable Salt Lake City location.

    Property Features for 420 Temple St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    142,509 SF
    Class
    B
    Total Rate
    177542.46

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    100
    Size
    22,719 SF
    Rate per SF
    $24
    Space
    230
    Size
    19,059 SF
    Rate per SF
    $24
    Space
    240
    Size
    19,059 SF
    Rate per SF
    $24
    Space
    250
    Size
    19,059 SF
    Rate per SF
    $24
    Space
    260
    Size
    19,059 SF
    Rate per SF
    $24
    Space
    270
    Size
    19,059 SF
    Rate per SF
    $24
    Space
    310
    Size
    1,969 SF
    Rate per SF
    $24
    Space
    400
    Size
    8,397 SF
    Rate per SF
    $24
    Space
    520
    Size
    25,945 SF
    Rate per SF
    $14
    Space
    500
    Size
    4,031 SF
    Rate per SF
    $24
    Space
    560
    Size
    25,945 SF
    Rate per SF
    $24

    HighLights

    • 142,509 SF Class B office building in Salt Lake City, UT.
    • Prestigious South Temple location, minutes from the courthouse, CBD, and three hospitals.
    • 15‑minute drive to Salt Lake City International Airport.
    • Ample free covered parking (3 spaces/1,000 SF).
    • Mountain and downtown skyline views; attractive grounds with a large courtyard.
    • New common area improvements underway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8788899
    Latitude
    40.7687979

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    FAQs

    What type of property is this?
    Office Property / Space - Executive suites, flexible layouts, downtown location.
    Where is this office property / space located?
    The property is located at 420 Temple St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $14-$24 SF/Yr.
    What are key features of this property?
    This property features: 142,509 SF Class B office building in Salt Lake City, UT.; Prestigious South Temple location, minutes from the courthouse, CBD, and three hospitals.; 15-minute drive to Salt Lake City International Airport.
    Request Owner's contact information
    420 Temple St Salt Lake City, UT 84111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 Temple St Salt Lake City, UT 84111
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