Silicon Slopes (Lehi) is a trophy-tier Class A submarket of Salt Lake City with average asking rent around $38/sqft/yr.
Adobe-anchored tech campus corridor. · Tier: trophy · Avg rent: $38/sqft/yr
Lehi anchors the southern Silicon Slopes corridor — Adobe's iconic Traverse Mountain campus, Microsoft, Vivint Smart Home, and a deep cluster of venture-backed tech HQs.
Tech (Adobe, Microsoft, Vivint), software, fintech.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
FrontRunner (Lehi); car-dependent for most campuses.
Multi-modal transit captures the metro's principal professional catchment.
Thanksgiving Point, Outlets at Traverse Mountain.
Silicon Slopes (Lehi) is one of 5 Class A submarkets we cover in Salt Lake City, classified as trophy tier with an average asking rent around $38/sqft/yr. Compared with the broader Salt Lake City Class A stock, Silicon Slopes (Lehi) typically attracts Tech (Adobe, Microsoft, Vivint), software, fintech and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Silicon Slopes (Lehi): Downtown SLC, Silicon Slopes (Provo), Sugar House, Airport / International Center. The full Salt Lake City submarket atlas is at /cities/salt-lake-city.
For an institutional Class A occupier evaluating Silicon Slopes (Lehi), the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Salt Lake City Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.