Galaxy #1 — Lease in Salt Lake City, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Salt Lake City, UT 84111
  • Size: 10,320 SF

Description

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Market Context

This industrial in Salt Lake City, UT is listed for lease across 10,320 SF. It has been on the market for 53 days. Compare it against other industrial listings for lease in Salt Lake City, UT — view the full market.

As of Q1 2026, the Salt Lake City industrial market showed a 2.5% vacancy rate, average asking rents near $5.64/SF/yr, and cap rates around 5.2%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Salt Lake City?
About 5.2% as of Q1 2026, per multiple brokerage reports.
Is the Salt Lake City industrial market tightening or softening?
Vacancy is around 2.5% (Q1 2026).

Estimated Market Rate

$0.49/SF/mo – $0.67/SF/mo

Mid: $0.58/SF/mo

Estimated total for 10,320 SF: $5,986 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

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