The Felt Building — Lease in Salt Lake City, UT

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

Description

Reduced Rate! | 8,504 SF of Creative Office Space for Lease in Downtown Salt Lake City Updated creative loft style office space for lease on Main Street in Downtown Salt Lake City! This updated office space perfect for tech or creative tenants. The building is centrally located near City Creek Center and many other walkable amenities, including Pago SLC on the main floor of the building. In addition to being located near TRAX stops, the Felt Building is easily accessible to I-15 and features a 2.0 / 1,000 SF parking ratio.

Market Context

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

Estimated Market Rate

$1.90/SF/mo – $2.57/SF/mo

Mid: $2.24/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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