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    325 Pierpont Ave Salt Lake City, UT 84101

    For Lease
    $22 SF/Yr

    Historic SLC location, 15,575 SF available.

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This two-story, 26,000 square foot building at 325 Pierpont Avenue in Salt Lake City, UT 84101 offers a unique blend of creative and traditional office space. The property features a total of 30 suites, with a minimum divisible space of 822 square feet and a maximum contiguous space of 6,120 square feet. Currently, 15,575 square feet are vacant and available for lease. Located in the heart of historic downtown Salt Lake City, this property benefits from its proximity to the Vivint Smart Home Arena and the Salt Palace Convention Center. The surrounding area boasts a vibrant mix of boutiques, brew pubs, cafes, and tech offices, creating a dynamic and desirable environment for businesses. The building offers patio seating, adding an attractive amenity for tenants. The lease structure is a triple net (NNN) lease with a base rent of $6.72 per square foot. Multiple tenancy options are available to accommodate various business needs. This is an exceptional opportunity to secure prime office space in a thriving urban location.

    Property Features for 325 Pierpont Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF
    Total Rate
    47666.67

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 341 (A130)
    Size
    1,493 SF
    Rate per SF
    $35
    Space
    Unit 359 (A157)
    Size
    6,120 SF
    Rate per SF
    $35
    Space
    Unit 348
    Size
    1,468 SF
    Space
    Unit 359-A (A158)
    Size
    1,852 SF
    Rate per SF
    $22
    Space
    Unit 343 - 345
    Size
    1,950 SF
    Space
    Unit 327 (A103)
    Size
    1,400 SF
    Space
    Unit 337
    Size
    511 SF
    Rate per SF
    $35
    Space
    Unit 335-3 (A218)
    Size
    822 SF
    Rate per SF
    $22

    HighLights

    • Historic Downtown Salt Lake City location.
    • Close proximity to Vivint Smart Home Arena and Salt Palace Convention Center.
    • Surrounded by boutiques, brew pubs, cafes, and tech offices.
    • Outdoor patio seating available.
    • 822 to 6,120 square feet of contiguous space available for lease.
    • Triple Net (NNN) lease at $6.72 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kodiak Cakes Grocery Delivery Service

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Pharmacy Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.90202761452
    Latitude
    40.76383395747

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    FAQs

    What type of property is this?
    Office space - Historic SLC location, 15,575 SF available.
    Where is this office space located?
    The property is located at 325 Pierpont Ave Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $0.00-$35 SF/Yr.
    What are key features of this property?
    This property features: Historic Downtown Salt Lake City location.; Close proximity to Vivint Smart Home Arena and Salt Palace Convention Center.; Surrounded by boutiques, brew pubs, cafes, and tech offices.
    Request Owner's contact information
    325 Pierpont Ave Salt Lake City, UT 84101
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    Salt Lake City, UT 84101
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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
    325 Pierpont Ave Salt Lake City, UT 84101
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