Average Rent for Office Space in Salt Lake City, UT
Rents for offices in Salt Lake City range between $14 and $34 per square foot, with the market-wide average currently at $22.66 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Salt Lake City, UT
The Salt Lake City, UT market currently features 516 distinct office spaces available for lease, totaling approximately 4.0 million square feet.
Local inventory includes subtypes such as General Office with 283 listings, as well as other property types such as Office Building and Medical Office.
Available office spaces range from 78 square feet to 154,190 square feet, with an average size of 8,034 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
5,402,295
14.96%
50k to 100k Sq. Ft.
8,622,336
23.88%
100k to 500k Sq. Ft.
20,955,582
58.03%
500k to 1M Sq. Ft.
1,129,658
3.13%
Of the office inventory in Salt Lake City, 107 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 207 buildings were developed between 1975 and 2000, while the remaining 70 date prior to 1975.
Salt Lake City, UT Office Market Breakdown
The office market in Salt Lake City, UT comprises 244 buildings totaling 36.1 million square feet.
Class A and A+ properties make up 23.12% of the office market in Salt Lake City, while Class B properties total 64.57% of the market and Class C properties take up the remaining 12.31%.
Range
Total Square Feet
Share of Total Office
Class A
14,512,290
40.19%
Class B
19,270,199
53.37%
Class C
2,327,382
6.45%
The market offers substantial flexibility in space configuration, with spaces reaching up to 154,190 square feet and an average square footage of 8,034 across all spaces located here.
Best Neighborhoods for Office Space in Salt Lake City, UT
Salt Lake City’s neighborhood with the most office spaces is Downtown Salt Lake City, offering 170 listings currently available.
The neighborhoods with the next largest offerings include Central City with 80 listings, as well as Sugar House, which offers a total of 27 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Downtown Salt Lake City
170
1,178,434
Central City
80
722,258
Sugar House
27
43,240
Capitol Hill
14
54,575
Westpointe
11
202,530