Clock Tower at 45th — Sale in Salt Lake City, UT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Salt Lake City, UT 84107

Description

Clocktower on 45th is a 27,482 square foot office building located in a highly convenient, center-of the-valley location in Salt Lake County. Constructed in 2002, the property features brick construction, Class A interior finishes and an iconic clock tower that creates a strong identity and lasting curb appeal. With below-market in-place rents and upgraded common areas, the property presents a clear value-add opportunity for investors seeking stable income with future upside. - 27,482 SF office building - Value-add opportunity with below market rents for existing tenants - Upgraded common area finishes - Elevator - Parking ratio: 4/1,000 SF

Market Context

This office in Salt Lake City, UT is listed for sale. It has been on the market for 140 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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