3010-3020 S West Temple — Sale in Salt Lake City, UT
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Salt Lake City, UT 84115
- Submarket: Central East
- Year built: 2007
Photos
Investment Figures
- Cap rate
- 6.30%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire a ±36,834-square-foot single-tenant industrial asset located at 3020 S West Temple in South Salt Lake City, Utah (the “Property”). The Property is 100% leased to Intermountain Home Services, LLC d/b/a SameDay Heating & Air, Plumbing, and Electrical (“SameDay”) on a NNN lease structure with approximately five years of firm term remaining after a recent lease extension. The lease features 3.5% annual rental increases, providing investors with a strong hedge against inflation, and limited landlord responsibilities. Investment Highlights: • The Property functions as SameDay Heating & Air, Plumbing, and Electricals' central headquarters and primary operations facility for the Greater Salt Lake City market • SameDay is one of Northern Utah's leading residential home services providers offering HVAC, plumbing, and electrical solutions across the Wasatch Front • The Property is 100% leased to Intermountain Home Services, LLC d/b/a SameDay Heating & Air, Plumbing, and Electrical through December 2031 on a NNN basis • The ±36,834-square-foot facility supports a fully integrated combination of office, warehouse, fleet, and service operations featuring 24' clear height, 5 drive-in doors and 2 dock high doors
Market Context
This office in Salt Lake City, UT is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2007. Compare it against other office listings for sale 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 assets trade 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).
Contact
- Quinn Callahan · (801) 736-2600 · quinn.callahan@marcusmillichap.com
- Tivon Moffitt · (602) 687-6688 · tmoffitt@ipausa.com
- Paul Winterowd · (801) 736-2629 · paul.winterowd@marcusmillichap.com
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