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Mixed-Use Development for Lease
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1215 Wilmington Ave, Salt Lake City, UT 84106

Mixed-use property with multifamily, office, and retail spaces available.

Days on Market919

Property Features for 1215 Wilmington Ave

General Information

Standard status Active
Property subtype Office
Listing Agency: Newmark Mountain West
Listed By: Jeff Rossi · License #UT 5495795-SA00
Source: Crexi
Added: Jan 24, 2024 Changed: Jul 10 Last Checked: Jul 30 at 4:06AM

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 Newmark Mountain West

Investment Insights

Based on property information with market context.

This mixed-use development offers opportunities for multifamily, office, and retail tenants. The property is located in Salt Lake City, Utah.

Key Highlights

  • Mixed‑use development
  • Multifamily component
  • Office component

Property Analytics

Current Use

SOMI Vietnamese Bistro Restaurant Barebones Living (Bike/Boat/Book/etc) Store Tifie Charitable Organization Verkada Association Or Organization Traeger Grills Headquarters (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Daycare Center Storage Facility Big Box & Wholesale Store Furniture & Home Goods Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,271
Businesses Nearby

Demographics for 84106, UT

35,892
Population
16,782
Households
2.1
Avg Household Size
35
Median Age
57%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
5,982
Density / Sq Mi
$94,452
Median Household Income
$56,358
Median Earnings
$1,576
Median Rent
$529,100
Median Home Value

Market

Vacancy Rate% for Office in Salt Lake City, UT

9.7% 2019
14.7% 2020
17.9% 2021
19.3% 2022
23.6% 2023
24.8% 2024
23.1% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with multifamily, office, and retail spaces available.
Where is this mixed-use property located?
The property is located at 1215 Wilmington Ave Salt Lake City, UT.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Mixed‑use development; Multifamily component; Office component
More about this property
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