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    1030 S State St Salt Lake City, UT 84111

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Salt Lake City, UT

    Type:Retail
    Lot size:
    0.17 Acres
    Days on Market:
    212
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1030 S State St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    Commercial
    APN
    16-07-302-012
    Interior features
    Restroom: Public, Video Camera(s)
    Lot size
    0.17 Acres

    Building Details

    Year built
    2025

    Realty ONE Group Signature (801) 208-3800 [email protected]

    Listing agent Brandon Ngo

    Listing date Jun 8, 2025

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Under Construction

    This commercial space, currently under construction with an estimated completion in Q4 2025, offers 1190 square feet suitable for restaurant or retail use. The property benefits from ample street parking and high visibility on a corner lot, with approximately 25,000 cars passing daily on State Street. The space features a 19-foot ceiling height and built-in window seating along State Street with large windows. Located next to Space Tea, a popular boba and dessert shop that hosts events and has a small rooftop venue space available for rent, this location is expected to attract significant foot traffic. Internet, a grease trap, and trash/recycling services are provided. The rent is $27 per square foot per year, with NNN fees of $5.14 per square foot per year and a 3% annual rent increase. Tenant build-out is streamlined when working with the property's architects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Norris Brothers Plumbing Plumbing Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8884988
    Latitude
    40.7466035

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    FAQs

    What type of property is this?
    Retail space - Retail space for rent, completion estimated Q4 2025.
    Where is this retail space located?
    The property is located at 1030 S State St Salt Lake City, UT.
    What are key features of this property?
    This property features: - High visibility corner lot on State Street with ~25,000 daily car traffic; - Located next to popular boba/dessert shop Space Tea driving customer traffic; - **19 feet ceiling height and built-in window seating on State Street with large windows**
    (801) 208-3800
    Request Owner's contact information
    1030 S State St Salt Lake City, UT 84111
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    Salt Lake City, UT 84111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1030 S State St Salt Lake City, UT 84111
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