Commercial Real Estate & Businesses in Salt Lake City, UT

Find 192 commercial real estate and business listings for sale and lease in Salt Lake City, Utah. Browse office, retail, industrial and investment properties.

192 listings available

Market Brief

CREhunt currently has 192 commercial listings for sale in Salt Lake City, UT. Asking prices run typically around $2.7M, with most between $925K and $4M across 13 publicly priced listings. The typical space is about 51,291 SF.

Salt Lake City, UT Market Report · Q1 2026

4 of 4 sectors reporting

Across the 2 sectors reporting a capitalization rate in Salt Lake City, retail carries the highest at 6.5% and multifamily the lowest at 5.3%, a spread of 1.20 percentage points as of Q1 2026.

Vacancy is reported for 4 of 4 sectors: office at 22.9%, industrial at 7.2%, retail at 4.1%, multifamily at 7.3%.

Asking rents: office at $26.39/SF/yr, industrial at $9.84/SF/yr, retail at $22.61/SF/yr.

Supply and absorption

Industrial in Salt Lake City: CBRE reported 3.1M SF under construction and net absorption of 1.2M SF in Q1 2026; Newmark reported 27K SF delivered in Q4 2025.

Office in Salt Lake City: Cushman & Wakefield reported net absorption of 199K SF in Q1 2026; JLL reported 300K SF under construction in Q1 2026.

Retail in Salt Lake City: Marcus & Millichap reported net absorption of 485K SF in Q1 2026.

Submarkets

Within Salt Lake City's industrial market, Cushman & Wakefield reported submarket vacancy in Q1 2026: Central East at 1.4%; Central West at 7.6%; North East at 3.9%.

Within Salt Lake City's office market, Cushman & Wakefield reported submarket vacancy in Q1 2026: North East at 3.6%; Utah County South at 33.1%.

Within Salt Lake City's retail market, Marcus & Millichap reported submarket vacancy in Q1 2026: Downtown at 5.6%; Provo-Orem at 4%.

Coverage and sources

Figures are drawn from quarterly market reports published by CBRE, Cushman & Wakefield, JLL and Marcus & Millichap.

SectorVacancyAsking rentYoY rentCap ratePeriod
Office22.9%$26.39/SF/yr+2.2%Not reportedQ1 2026
Industrial7.2%$9.84/SF/yrNot reportedNot reportedQ2 2026
Retail4.1%$22.61/SF/yr+0.7%6.5%Q1 2026
Multifamily7.3%Not reportedNot reported5.3%Q1 2026

Market figures are drawn from published brokerage quarterlies covering the Salt Lake City metro (CBRE and multiple brokerages). Figures are reproduced as reported and are never converted between $/SF and $/unit.

Frequently asked questions

How many commercial listings are available in Salt Lake City, UT?

CREhunt currently tracks 192 commercial real estate and business listings in Salt Lake City, UT. Asking prices are typically around $2,700,000.

What is the fastest way to find relevant listings in Salt Lake City, UT?

Salt Lake City, UT carries 192 active listings, so it is practical to scan the full set once by asset type, then shortlist on space and price before contacting brokers.

Should I browse Salt Lake City, UT by property type or review everything?

Either works at this size. Sorting 192 listings by property type is usually faster, but the Salt Lake City, UT set is small enough to review end to end without filtering.

What should I check before contacting a broker in Salt Lake City, UT?

Compare each listing against the Salt Lake City, UT typical asking price of $2,700,000, confirm available space and asset type, and note anything that explains a gap either way before you contact the broker.

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Property types in Salt Lake City, UT