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    240 Morris Ave Salt Lake City, UT 84115

    For Lease
    $23 SF/Yr

    Executive Office Space in Salt Lake City

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The I-80 Corporate Center, a Class B office building located at 240 E Morris Ave, South Salt Lake, UT 84115, offers exceptional executive office space for lease. Built in 1989, this 60,000 square foot building provides multiple tenancy options, with a minimum divisible space of 5,292 square feet and a maximum contiguous space of 13,883 square feet. Currently, there are 19,175 square feet of vacant space available, perfect for businesses seeking flexible and adaptable office solutions. The property boasts a convenient 3.75 parking spaces per 1,000 square feet parking ratio, ensuring ample parking for employees and clients. Situated in Salt Lake County, this location offers easy access to I-80, providing excellent connectivity throughout the Salt Lake City metropolitan area. The building's executive office spaces are ideal for companies seeking a professional and well-maintained workspace in a prime location. The available space is highly adaptable and can be configured to meet the specific needs of various businesses. Inquire today to learn more about leasing opportunities and explore the possibilities of establishing your business in this thriving area of Salt Lake City.

    Property Features for 240 Morris Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Class
    B
    Total Rate
    115000

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Suite 202
    Size
    5,292 SF
    Rate per SF
    $23
    Space
    Suite 300
    Size
    13,883 SF
    Rate per SF
    $23

    HighLights

    • 2,500 - 19,175 square feet of available space.
    • $23.00 per square foot, full‑service gross rent.
    • 3.75 parking spaces per 1,000 square feet.
    • Tenant improvement allowance offered.
    • Less than one minute to I‑15 and I‑80 freeway access.
    • Efficient floor plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Autism Spectrum Disorder ... Mental Health Clinic Neurobehavior Home Program Doctor Konica Minolta Business ... Business Management Consultant Janene Fontaine Nurse Practitioner Deborah Ann Bilder Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Pharmacy 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
    -111.8845031
    Latitude
    40.7174744

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Space in Salt Lake City
    Where is this office property / space located?
    The property is located at 240 Morris Ave Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 2,500 - 19,175 square feet of available space.; $23.00 per square foot, full-service gross rent.; 3.75 parking spaces per 1,000 square feet.
    Request Owner's contact information
    240 Morris Ave Salt Lake City, UT 84115
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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
    240 Morris Ave Salt Lake City, UT 84115
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