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    124 400 Salt Lake City, UT 84111

    For Lease
    $19 SF/Yr

    Prime Executive Office Suites Available Now

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional office property, located at 124 S 400 E in Salt Lake City, UT 84111, offers a blend of executive and traditional office spaces. The building encompasses a total of 20,000 square feet, providing ample room for various business needs. Currently, there is one available space measuring 1,202 square feet, ideal for smaller businesses or teams seeking a modern and efficient workspace. This space represents the minimum divisible unit, and also the maximum contiguous space currently available. The property's multi-tenant structure ensures a vibrant and collaborative environment. The address provides convenient access to Salt Lake City's amenities and transportation networks. The building's precise location coordinates are 40.766403112383784 latitude and -111.87969165508656 longitude. This is a fantastic opportunity for businesses seeking a well-located, functional, and adaptable office space in the heart of Salt Lake City. Inquire today to learn more about this exciting opportunity.

    Property Features for 124 400

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    33250

    Unit(s) available at that property

    Space
    Suite 360
    Size
    1,202 SF
    Rate per SF
    $19

    HighLights

    • Creative lease terms available for longer‑term tenants.
    • Recently renovated exterior and high‑efficiency HVAC system.
    • New energy‑efficient, low‑E double‑pane windows throughout.
    • Energy‑efficient lighting installed building‑wide.
    • Tenant improvement allowance may be available.
    • Building features roof‑mounted solar panels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Demers Mental Health Mental Health Service Wasatch Theatre Company Theater Company My Utah Payday Financial Institution My Hearing Centers ... Hearing Aid Store Karen A. McCauley, CMHC Counselor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    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
    -111.87969165509
    Latitude
    40.766403112384

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Executive Office Suites Available Now
    Where is this office property / space located?
    The property is located at 124 400 Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Creative lease terms available for longer-term tenants.; Recently renovated exterior and high-efficiency HVAC system.; New energy-efficient, low-E double-pane windows throughout.
    Request Owner's contact information
    124 400 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
    124 400 Salt Lake City, UT 84111
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