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Salt Lake City Flex Space
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405 W 500 N, Salt Lake City, UT 84103

10395 SF flex space available for lease June 1, 2024.

Space Size10,395 SF
Property Size12,350 SF
Days on Market835

Property Features for 405 W 500 N

General Information

Standard status Active
Size 10,395 SF
Class C
Property subtype Industrial

Building Details

Building Size 12,350 SF
Year Built 1977
Tenancy Single

Spaces For Lease

at 405 W 500 N Contact us

Available Space

Size
10,395 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Real Estate Specialists
Listed By: Justin Welch · License #UT 6561454-PB00
Source: Crexi
Added: May 23, 2024 Changed: Aug 25 Last Checked: Aug 31 at 10:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Real Estate Specialists

Investment Insights

Based on property information with market context.

Available for lease starting June 1, 2024, this flex space offers a total of 10395 square feet. The layout includes approximately 2,610 square feet of office space and around 7,785 square feet of warehouse area. Constructed in 1977 with masonry, the property features a private fenced yard and two 12-foot by 14-foot level doors, designed to accommodate drive-through access. The warehouse provides a clearance height of 20 feet and is equipped with 3-phase heavy power and a fire suppression system. The warehouse has new LED lighting throughout. A new roof was installed in 2022. The property provides convenient access to I-15 and Legacy Highway.

Key Highlights

  • 10,395 sq. ft. available for lease, offering both office and warehouse space.
  • Easy access to I‑15 and Legacy Hwy.
  • Benefit from two 12’ X 14’ level doors making drive‑through possible.

Property Analytics

Current Use

Best Distributing Amusement ... Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office Veterinary Clinic Wine and Liquor Store Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,716
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84103, UT

22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
Median Home Value

Market

Lease Benchmarks for Salt Lake City, UT

$16.21 /SF/Yr
Avg Asking Price
$10.2–$22 /SF/Yr
Price Range
25,795 SF
Avg Space Size

Vacancy Rate% for Industrial in Salt Lake City, UT

3.2% 2019
4.5% 2020
1.9% 2021
2.6% 2022
4.9% 2023
5.4% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 10395 SF flex space available for lease June 1, 2024.
Where is this flex space located?
The property is located at 405 W 500 N Salt Lake City, UT.
What are key features of this property?
This property features: 10,395 sq. ft. available for lease, offering both office and warehouse space.; Easy access to I‑15 and Legacy Hwy.; Benefit from **two 12’ X 14’ level doors** making drive‑through possible.
(801) 876-6070 Call to check price and availability
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