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    79 Main St Salt Lake City, UT 84111

    For Lease
    $27 SF/Yr

    Prestigious Salt Lake City Office Space

    Lot size:
    63,461 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This iconic 14-story, Class A office building, located at 79 S Main St, Salt Lake City, UT 84111, offers 63,461 square feet of executive office space. Originally built in 1919 and extensively renovated in 2022, the building boasts a prime location in the heart of Salt Lake City's Central Business District, directly adjacent to City Creek Center. Tenants enjoy convenient access to covered parking, the City Creek Center's unique amenities (including a retractable glass roof, food court, creek, and pedestrian sky bridge), and over 100 national stores and restaurants. Multiple tenancies are available, with a minimum divisible space of 3,941 square feet and a maximum contiguous space of 4,326 square feet. Currently, 41,818 square feet is vacant. The building features elevators. This is a rare opportunity to lease space in a historically significant, beautifully restored building in an unparalleled downtown location. The property's central location provides easy access to major transportation routes and other key city amenities. This is an exceptional opportunity for businesses seeking a prestigious and convenient address in the heart of Salt Lake City.

    Property Features for 79 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,461 SF
    Class
    A
    Total Rate
    142787.25

    Building Details

    Year Built/Renovated
    1919/2022
    Stories
    14

    Unit(s) available at that property

    Space
    Suite 300
    Size
    4,305 SF
    Rate per SF
    $29
    Space
    Suite 900
    Size
    4,178 SF
    Rate per SF
    $30
    Space
    Suite 500
    Size
    3,941 SF
    Rate per SF
    $29
    Space
    Suite 1200
    Size
    4,178 SF
    Rate per SF
    $32
    Space
    Suite 600
    Size
    4,178 SF
    Rate per SF
    $29
    Space
    Suite 400
    Size
    4,326 SF
    Rate per SF
    $29
    Space
    Suite 1100
    Size
    4,178 SF
    Rate per SF
    $32
    Space
    Suite 700
    Size
    4,178 SF
    Rate per SF
    $30
    Space
    Suite 800
    Size
    4,178 SF
    Rate per SF
    $30
    Space
    Suite 1000
    Size
    4,178 SF
    Rate per SF
    $31

    HighLights

    • Ample parking: underground, covered, and surface lots available at market rates.
    • Excellent public transit access: nearby bus, TRAX, and FrontRunner stations.
    • High‑speed internet: multiple fiber optic carriers with dark fiber options.
    • Three passenger elevators.
    • Backup power: emergency generator for elevators, emergency lighting, and fire safety systems.
    • Tenant improvement allowance: generous TI packages offered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmland Reserve Investment Company George S. and Dolores ... Foundation Cache Valley Bank ... Financial Institution Wells Fargo Advisors Investment Service Lake Park Corporate ... Corporate Office

    Suggested Use

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

    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
    -111.8907905
    Latitude
    40.7673959

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Salt Lake City Office Space
    Where is this office property / space located?
    The property is located at 79 Main St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $29-$32 SF/Yr.
    What are key features of this property?
    This property features: Ample parking: underground, covered, and surface lots available at market rates.; Excellent public transit access: nearby bus, TRAX, and FrontRunner stations.; High-speed internet: multiple fiber optic carriers with dark fiber options.
    Request Owner's contact information
    79 Main St Salt Lake City, UT 84111
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    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
    79 Main St Salt Lake City, UT 84111
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