Oquirrh School Building | For Sublease
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Medium ConfidenceBased on 6 comparable office lease listings in the area.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $33.00/SF/mo | — | direct_comps |
| Utilities | — | 4.6¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1485/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| OpenSearch Listings | comparable_listings | 6 | — | real-time | — |
Description
- •Office | For Sublease: 5,000 - 21,472 SF
- •Available: 5,000 - 21,472 SF
- •Asking Rate: Contact listing agent for details
- •Free Onsite Parking Ratio: 2 stalls per 1,000 SF
- •Located in the CBD periphery, within minutes of th Key Facts
- •Available: 5,000 - 21,472 SF
- •Asking Rate: Contact listing agent for details
- •Free Onsite Parking Ratio: 2 stalls per 1,000 SF
- •Located in the CBD periphery, within minutes of the heart of downtown Salt Lake
- •Flexible lease terms available Tanner Riedel Senior Associate Salt Lake City - Downtown License #: 10579188-SA00 +18019478363 Call Now +18019478363 License #: 10579188-SA00
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
350 S 400 E, Salt Lake City, UT 84111, USA, Salt Lake City, UT 84111
Market Context
As of Q1 2026, the Salt Lake City office market showed a 0.7% vacancy rate, and rents up 1.7% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q3 2025 Newmark data (cap rate 6.6%, asking rent held flat).
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Compare it against other office listings for lease in Salt Lake City, UT to benchmark pricing and space — view the full market.
Office market FAQ
- Is the Salt Lake City office market tightening or softening?
- Vacancy is around 0.7%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Lease Rate & Market Trend
Market report quarterly trend fallbackFIPS 32003
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: office in Salt Lake City, UT
More Office for Lease in Salt Lake City, UT(2)
Contact Broker
Tanner Riedel
Chris Kirk
Listed by
Colliers Import