550 E. South Temple — Lease in Salt Lake City, UT
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Salt Lake City, UT 84102
- Submarket: CBD
- Size: 140,737 SF
- Year built: 1982
Photos
Market Context
This office in Salt Lake City, UT is listed for lease across 140,737 SF. The building dates to 1982. Compare it against other office listings for lease in Salt Lake City, UT — view the full market.
As of Q1 2026, the Salt Lake City office market showed a 22.9% vacancy rate, average asking rents near $26.39/SF/yr, and rents up 2.2% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Office market FAQ
- Is the Salt Lake City office market tightening or softening?
- Vacancy is around 22.9%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$1.87/SF/mo – $2.53/SF/mo
Mid: $2.20/SF/mo
Estimated total for 140,737 SF: $309,621 per month
By our match to nearby addresses in brokers' reports, this property is in the CBD submarket, where average asking rent was $30.43/SF/yr in Cushman & Wakefield's Q1 2026 report.
Contact
- Mike Richmond · +1 801 322 2000
- Dana Baird · +1 (801) 8707497
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