California Avenue

Salt Lake City - UT USA - Industrial Submarket

Industrial real estate intelligence for the California Avenue submarket. 59.7M SF of inventory with 7.6% vacancy. Data sourced from various MLS platforms.

59.7MSF

Inventory

5.9MSF

Available

7.6%

Vacancy

9.7%

Availability Rate

$10.56

Asking Rent

0.2%

Rent Growth

487KSF

12mo Absorption

446KSF

Under Construction

Market Metrics

12mo Delivered

329K SF

Under Constr % of Inv

0.7%%

Sale Price/SF

$150

Cap Rate

7.5%%

12mo Sales Volume

$39,585,312

Sales Vol Growth

-49.2%

Asset Value

$9,039,405,689

Net Absorption

+487K SF

Recent DC Sales in Market

PropertyPriceSFBuyer
SLC-04-99,216Aligned Energy

Data Centre Development Potential

Moderate vacancy (7.6%) in California Avenue suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 446K SF indicates developer confidence in the submarket. Positive net absorption of 487K SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Salt Lake City - UT USA

West Valley

29.5M SF9.3% vac$10.50

West Outlying Salt Lk

21.1M SF16.8% vac$9.26

Airport

19.2M SF7.8% vac$9.86

West Jordan

15.5M SF7.1% vac$12.40

South Valley

16.7M SF3.1% vac$12.43

Sandy

8.1M SF3.1% vac$14.43
Luke Tatman

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.