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Renting Commercial Office Space in Salt Lake City

Salt Lake City, UT, is a rapidly growing commercial hub in the Mountain West, known for its robust economy, strong logistics infrastructure, and diverse business environment. The city’s strategic location as a gateway to the western United States makes it an attractive destination for both startups and established companies. As one of the fastest-growing metro areas, Salt Lake City offers a balanced mix of office, retail, industrial, and coworking spaces. TenantBase data indicates that storefront/retail spaces lead tenant searches, accounting for 44.4% of inquiries, followed by office spaces at 31.5% and warehouse spaces at 24.0%. Coworking, although minimal, reflects a nascent interest as companies explore flexible workspace solutions.

Popular search locations for Salt Lake commercial real estate include Salt Lake City itself (13.1%), Draper (2.9%), and Murray (2.9%). This distribution highlights the centrality of Salt Lake City as the primary business hub while also emphasizing the importance of surrounding cities that support the growing metro area.

Lease term preferences in Salt Lake City show a notable focus on medium to long-term stability, with 26.9% of leases spanning 3-5 years and 24.3% lasting 2-3 years. This pattern indicates that businesses are investing in longer-term commitments as the regional economy continues to expand. Salt Lake City’s commercial real estate market is characterized by its dynamic growth and strategic positioning within the Mountain West. Businesses benefit from the city’s blend of professional, retail, industrial, and coworking spaces, which collectively support a thriving commercial environment. As the region continues to develop, its balanced approach to lease terms and diverse space offerings will sustain its appeal as a business-friendly destination.

 

5th Plaza

1,000 – 2,640 SF

$1,600 – $4,800 /mo

Storefront

 

Lease

1,225 SF

$2,400 /mo

General

 

S 700 E

1,024 SF

$1,200 /mo

General

 

Airport Road Flex Space

3,444 SF

$4,300 /mo

Flex

 

River Crossing Office Suites

1,530 – 3,276 SF

$2,200 – $3,800 /mo

General Medical

 

Union Park Ave

6,160 SF

$14,400 /mo

General Storefront

 

The Axis Building

2,517 – 13,515 SF

$4,800 – $28,200 /mo

General

 

Granton Square Office Building

2,941 – 4,930 SF

$4,400 – $7,400 /mo

General

 

Birkhill Station

2,611 – 3,543 SF

$3,300 – $4,400 /mo

Coworking General Storefront

 

S 300 W

9,000 SF

- /mo

 

Riverton Professional Office Space

535 – 736 SF

$800 – $1,000 /mo

General

 

Westminster Office Park Condo

1,024 SF

$1,400 /mo

General

 

Kearns Building

2,781 – 6,400 SF

$8,100 – $16,700 /mo

General

 

W 4100 S

572 SF

$1,400 /mo

General

 

Riverton Retail Center #140

3,199 SF

$5,100 /mo

Storefront

Salt Lake City Neighborhoods