South Towne Center 2 — Lease in Sandy, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Sandy, UT 84070
  • Submarket: South East
  • Size: 135,373 SF
  • Year built: 1996

Photos

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Market Context

This office in Sandy, UT is listed for lease across 135,373 SF. The building dates to 1996. Compare it against other office listings for lease in Sandy, 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 135,373 SF: $297,821 per month

By our match to nearby addresses in brokers' reports, this property is in the South East submarket, where average asking rent was $26.53/SF/yr in Cushman & Wakefield's Q1 2026 report.

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