Multi-Tenant Restaurant
For Sale
Contact for pricing
Pending
279 E 300 S, Salt Lake City, UT 84111
Stabilized restaurant investment with two signed 10-year leases featuring annual rent increases.
Days on Market128
Property Features for 279 E 300 S
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Newmark Mountain West
(801) 456-8800
Listed By:
Ryan Stewart · License #UT 7890408-SA00
Source:
Crexi
Added: Mar 26
Changed: Jul 20
Last Checked: Jul 30 at 5:44AM
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 stabilized restaurant investment sale features two established tenants under newly executed long-term lease agreements. Salt & Olive and Killa have both signed 10-year leases, and each lease includes annual increases.
The property is located at 279 E 300 S in Salt Lake City, Utah 84111.
For investors or owner-operators seeking a leased restaurant asset with defined lease terms, the current tenant base is supported by long-duration agreements and scheduled annual rent growth.
The property is located at 279 E 300 S in Salt Lake City, Utah 84111.
For investors or owner-operators seeking a leased restaurant asset with defined lease terms, the current tenant base is supported by long-duration agreements and scheduled annual rent growth.
Key Highlights
- Two restaurant tenants signed 10‑year leases: Salt & Olive and Killa
- Both leases include annual rent increases
- Property is described as a stabilized investment sale with long‑term leasing in place
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,856
Businesses Nearby
397k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 25%
Shops & Services 14%
Hotels & Casinos 5%
Smith's
Groceries
77,696 visits/mo
0.4 miles
Trader Joe's
Groceries
58,424 visits/mo
0.5 miles
Harmons Grocery
Groceries
37,560 visits/mo
0.5 miles
Building At 60 Exchange Pl
Hotels & Casinos
21,123 visits/mo
0.4 miles
Chili's Grill & Bar
Dining
20,155 visits/mo
0.5 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
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?
Conventional restaurant - Stabilized restaurant investment with two signed 10-year leases featuring annual rent increases.
Where is this conventional restaurant located?
The property is located at 279 E 300 S Salt Lake City, UT.
What are key features of this property?
This property features: Two restaurant tenants signed 10‑year leases: Salt & Olive and Killa; Both leases include annual rent increases; Property is described as a stabilized investment sale with long‑term leasing in place
