Salt Lake City has 5 distinct Class A submarkets we track, anchored by Downtown SLC at the trophy tier.
Salt Lake City has 5 distinct Class A submarkets we track, anchored by Downtown SLC at the trophy tier.
**Downtown SLC** (trophy, ~$42/sqft/yr) — The financial-services trophy core. **Silicon Slopes (Lehi)** (trophy, ~$38/sqft/yr) — Adobe-anchored tech campus corridor. **Silicon Slopes (Provo)** (prime, ~$36/sqft/yr) — Qualtrics and BYU-anchored tech node. **Sugar House** (prime, ~$32/sqft/yr) — Repositioned mid-rise creative-class submarket. **Airport / International Center** (established, ~$26/sqft/yr) — Suburban Class A and logistics HQ corridor.
| city | Salt Lake City |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 32 USD/sqft/yr |
| classARentUsd | $32/sqft/yr |
| vacancy | 17.4% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 10 |
| submarkets | 5 |
| primeYieldPct | 7% |
| trophyCount | 2 |
| primeCount | 2 |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.