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    32 Exchange Pl Salt Lake City, UT 84111

    For Lease
    $28 SF/Yr

    Historic Office Space For Lease. Multiple Suites Available.

    Lot size:
    61,081 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Commercial Club Building, a historic seven-story office building in Salt Lake County, offers exceptional executive office space for lease. This Class C building, constructed in 1989, boasts a total of 61,081 square feet and features four suites, with a significant amount of vacant space totaling 27,449 square feet. Multiple tenancy options are available, ranging from a minimum of 3,758 square feet to a maximum contiguous space of 8,415 square feet. The entire building, encompassing 60,994 square feet, is also available for lease. Floor plates range from 6,160 to 8,913 square feet, offering flexibility for various business needs. The building sits on a 0.26-acre lot and is zoned D-1. Its unique historic architecture is a key feature, complemented by convenient access to the TRAX light rail system. Pre-approved rates, tenant improvements, and lease terms are available based on approved credit. The property's APN numbers are 1606302007 and 1606302003. This presents a rare opportunity to secure prime office space in a desirable Salt Lake City location.

    Property Features for 32 Exchange Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,081 SF
    Class
    C
    Total Rate
    142522.33

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 100
    Size
    3,758 SF
    Rate per SF
    $28
    Space
    Suite 500
    Size
    8,415 SF
    Rate per SF
    $28
    Space
    Suite 400
    Size
    8,412 SF
    Rate per SF
    $28
    Space
    Suite 600
    Size
    6,864 SF
    Rate per SF
    $28

    HighLights

    • Class C, 7‑story office building totaling 61,081 square feet.
    • Multiple suites available, ranging from 3,758 to 8,415 contiguous square feet.
    • 27,449 square feet currently vacant.
    • Located on a 0.26‑acre lot in Salt Lake County.
    • Built in 1989, with unique historic architecture.
    • Features direct TRAX access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial Club Building Event Venue Siegfried & Jensen Law Firm Jayy Klipsz Financial Consultant SHOUT! Night Club Temple Terrace Event ... Event Venue

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy 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
    -111.8898813
    Latitude
    40.7611768

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Space For Lease. Multiple Suites Available.
    Where is this office property / space located?
    The property is located at 32 Exchange Pl Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Class C, 7-story office building totaling 61,081 square feet.; Multiple suites available, ranging from 3,758 to 8,415 contiguous square feet.; 27,449 square feet currently vacant.
    Request Owner's contact information
    32 Exchange Pl 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
    32 Exchange Pl Salt Lake City, UT 84111
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