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    1 West Burton Ave Salt Lake City, UT 84115

    For Lease
    $24 SF/Yr ($14,200 /Mo)

    Hard corner retail space in thriving downtown South Salt Lake.

    Property size:
    7,100 SF
    Lot size:
    7,100 SF

    Property Features for 1 West Burton Ave

    General Information

    Size
    7,100 SF

    Source: Christian Priskos, CCIM Agent Christian Priskos, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space Available

    Retail space will be available in Q1 2024. Situated on the hard corner of Main Street in downtown South Salt Lake, the property offers great visibility and access to major freeways. The location is complemented by covered parking and convenient street parking. The neighborhood is up-and-coming and offers an exceptional environment for retail and restaurant tenants, with a mix of retail, dining, and entertainment options. The property features an approximately 19' ceiling height and a premium exterior design including brick exterior finish, aluminum storefront, and custom awnings. Exterior seating is available at no additional rent cost. Grease traps are available for the North and South corner spaces. Thousands of rental units are planned within walking distance.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    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
    -111.892725
    Latitude
    40.719192

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    FAQs

    What type of property is this?
    Retail space - Hard corner retail space in thriving downtown South Salt Lake.
    Where is this retail space located?
    The property is located at 1 West Burton Ave Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime hard corner location on Main Street with great visibility.; - Amazing access to all major freeway systems and easy access to I-80.; - Located in the heart of the up-and-coming downtown South Salt Lake area.
    (801) 573-8500
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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
    1 West Burton Ave Salt Lake City, UT 84115
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