Salt Lake City, Utah, is a prime location for Industrial Space, with its strong economy, diverse industries, and strategic infrastructure. As the capital and most populous city of Utah, Salt Lake City offers a unique blend of business, education, and recreation opportunities. With its proximity to the Salt Lake City International Airport, the Salt Lake City Intermodal Hub, and major roads like I-15, I-80, and I-215, Industrial Space in Salt Lake City is an attractive option for businesses seeking to establish a strong presence in the region. The city's thriving arts and cultural scene, featuring attractions like the Utah Museum of Fine Arts, the Natural History Museum of Utah, and the Sundance Film Festival, also makes it an appealing location for companies looking to attract and retain top talent. Additionally, the city's strong educational institutions, including the University of Utah and Westminster College, provide a steady supply of skilled workers.
With 117 Industrial Space listings available for lease, Salt Lake City offers a range of options for businesses of all sizes. From small startups to large corporations, Industrial Space in Salt Lake City can accommodate a variety of needs, with average annual rent per square foot at $13 USD and average space size at 56,777 square feet. In addition to Industrial Space, Salt Lake City also offers a range of other property types, including Flex Space, Commercial Real Estate, Land, and Restaurants. Flex Space options are available for businesses that require a combination of office and warehouse space, while Commercial Real Estate provides a range of options for retail and office use. Land is also available for development, and Restaurants can be found throughout the city, offering a range of dining options. Overall, Salt Lake City's diverse range of property types and strong economy make it an attractive location for businesses looking to establish a presence in the region.
What is the average size of industrial space for lease in the Salt Lake City market?
The average size of industrial space for lease in the Salt Lake City market is 56,777 square feet, with a total of 117 available listings, offering a range of options for businesses looking to establish or expand their operations in the area.
What do I need to look for when leasing an industrial space in Salt Lake City?
When leasing an industrial space in Salt Lake City, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $13 USD per square foot, and average space size, which ranges from 56,777 square feet to 1,161,600 square feet, to ensure you're getting the right fit for your business needs.
- Proximity to major transportation hubs, such as the Salt Lake City International Airport and the Salt Lake City Intermodal Hub, which can impact shipping and logistics costs, as well as access to a skilled workforce.
- Amenities and infrastructure, including utilities, road access, and nearby attractions, such as the Utah State Capitol, Temple Square, and the Great Salt Lake, which can affect the overall quality of life for employees and the success of your business.
