Downtown Retail/Restaurant Space
For Lease
$28 SF/Yr
268 S State St, Salt Lake City, UT 84111
Retail/restaurant space in the heart of downtown Salt Lake City.
Space Size5,000 SF
Property Size179,092 SF
Days on Market274
Property Features for 268 S State St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
179,092 SF
Year Built
2001
Spaces For Lease
at 268 S State St Contact us- Size
- 5,000 SF
- Term
- Negotiable
Suite 140 $28 – $42/SF/Yr
Listing Agency:
(801) 243-9999
Listed By:
Scott Ingham, MBA
(801) 243-9999
Source:
Iproperties
Added: Nov 21, 2025
Changed: Aug 21
Last Checked: Aug 21 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scott Ingham, MBA
Investment Insights
Based on property information with market context.
Retail or restaurant space is available in downtown Salt Lake City. Located in the Celtic Bank building, the space, identified as Suite 140, offers between 2,000 and 5,000 square feet. The property is positioned on a highly trafficked corner in the heart of the downtown central business district. The State Street traffic count is 27,771 ADT. The landlord is willing to consider generous tenant improvements for the right tenant. The lease rate will be determined by the landlord's tenant improvement contribution. The property size is 179,092 square feet.
Key Highlights
- Prime downtown Salt Lake City location in the Celtic Bank building.
- High‑traffic corner location with 27,771 ADT on State Street.
- Generous Tenant Improvements (TI's) considered by landlord.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,435
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 94%
Shops & Services 6%
Harmons Grocery
Groceries
37,560 visits/mo
0.5 miles
Big O Tires
Shops & Services
2,386 visits/mo
0.4 miles
Demographics for 84111, UT
12,162
Population
8,635
Households
1.4
Avg Household Size
34
Median Age
55%
College-Educated
95%
High-School Grad
1.4 sq mi
ZIP Area
8,687
Density / Sq Mi
$57,188
Median Household Income
$49,490
Median Earnings
$1,294
Median Rent
$423,000
Median Home Value
Market
Lease Benchmarks for Salt Lake City, UT
$25.41 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
10,823 SF
Avg Space Size
This space is priced 10% above the average of $25.41 /SF/Yr.
Vacancy Rate% for Retail in Salt Lake City, UT
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail/restaurant space in the heart of downtown Salt Lake City.
Where is this retail space located?
The property is located at 268 S State St Salt Lake City, UT.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime downtown Salt Lake City location in the Celtic Bank building.; High‑traffic corner location with 27,771 ADT on State Street.; Generous Tenant Improvements (TI's) considered by landlord.
