257 Tower — Sale in Salt Lake City, UT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Salt Lake City, UT 84111

Description

Office space available for lease in Downtown Salt Lake City, Utah Centrally located office building featuring 20,165 RSF contiguous square feet available for lease across multiple floors. The first floor has been completely renovated to include a full-service cafe and lounge, well-equipped private fitness facility with private showers, a new modern design, communal conference rooms, and secure bike storage. These high quality office spaces are close to I-15, I-80, City Creek Center, and many amenities within walking distance. Winner of the 2010 TOBY award for superior quality in the building and excellent on-site management, this Energy Star Certified downtown office offers much more than just a place to work. The building also hosts a variety of events for their tenants, including: bi-monthly yoga classes in the fitness center, monthly beverage tastings (wine, beer, liquors, dirty sodas), free donuts in the morning once a month, hot cocoa bar, mammogram bus, tenant BBQ, and a winter continental breakfast. Charitable Contributions: American Red Cross Blood Drive, School Supply Drive, Food Drive, Girl Scout Cookie Drive, Boy Scout Popcorn Drive, Sock Drive, and Coat Drive

Market Context

This office in Salt Lake City, UT is listed for sale. It has been on the market for 196 days. Compare it against other office listings for sale in Salt Lake City, UT — view the full market.

As of Q3 2025, the Salt Lake City office market showed average asking rents near $26.82/SF/yr, and cap rates around 6.6%. Source: multiple brokerage reports, Q3 2025.

Office market FAQ

What is the typical cap rate for office in Salt Lake City?
About 6.6% as of Q3 2025, per multiple brokerage reports.

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