Turnkey Restaurant Space
For Lease
Contact for pricing
55 N Redwood Rd, Salt Lake City, UT 84116
Turnkey restaurant sublease offering 3,000 SF with newly remodeled exterior, ample parking, and Redwood Road frontage.
Space Size3,000 SF
Days on Market1116
Property Features for 55 N Redwood Rd
General Information
Standard status
Active
Size
3,000 SF
Net Rentable
3,000 SF
Property subtype
RETAIL
Lease Type
SF/yr
Space & Availability
Available Space
3,000 SF
Contiguous Space
3,000 SF
Space Use
Restaurant
Sublease
Yes
Lease Terms
Lease Rate
$7,000 /USD/MO
Monthly Rent
$7,000
Rent per SF/Year
$28
Spaces For Lease
at 55 N Redwood Rd Contact us- Floor
- 1
- Size
- 3,000 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- Yes
55 N Redwood Rd $28/SF/Yr
- 3,000 SF Turnkey Restaurant Space for Sublease
- Lease Expiration Date: 2026
-...
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Contact us
Listing Agency:
cRc Nationwide
(801) 617-1713
Listed By:
Sam Christensen · License #5504494-SA00
(801) 617-1713
Source:
Moodyscre
Added: Jul 20, 2023
Changed: Aug 8
Last Checked: Aug 8 at 3:55AM
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 cRc Nationwide
Investment Insights
Based on property information with market context.
Turnkey restaurant space available for sublease, offering approximately 3,000 SF of functional dining and back-of-house area. The lease expiration date is 2026, providing a defined timeline for new occupancy. The exterior has been newly remodeled, supporting a refreshed curb appeal for the next operator.
The space benefits from Redwood Road frontage and ample parking. In addition, a Somali restaurant business is also for sale and is described as including equipment, creating an option for a buyer/operator evaluating a combined business and space transition.
For prospective tenants, this is a straightforward opportunity to step into an existing restaurant space with key site access and visibility considerations already in place.
The space benefits from Redwood Road frontage and ample parking. In addition, a Somali restaurant business is also for sale and is described as including equipment, creating an option for a buyer/operator evaluating a combined business and space transition.
For prospective tenants, this is a straightforward opportunity to step into an existing restaurant space with key site access and visibility considerations already in place.
Key Highlights
- Approximately 3,000 SF turnkey restaurant space for sublease
- Lease expiration date: 2026
- Newly remodeled exterior
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 31%
Chevron
Shops & Services
12,797 visits/mo
0.1 miles
Apollo Burgers
Dining
11,363 visits/mo
0.2 miles
Taco Bell
Dining
11,192 visits/mo
0.2 miles
Wendy's
Dining
10,557 visits/mo
0.1 miles
Denny's
Dining
10,011 visits/mo
0.1 miles
Demographics for 84116, UT
35,327
Population
14,487
Households
2.4
Avg Household Size
31
Median Age
24%
College-Educated
82%
High-School Grad
50.3 sq mi
ZIP Area
702
Density / Sq Mi
$69,604
Median Household Income
$38,492
Median Earnings
$1,280
Median Rent
$334,900
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 - Turnkey restaurant sublease offering 3,000 SF with newly remodeled exterior, ample parking, and Redwood Road frontage.
Where is this conventional restaurant located?
The property is located at 55 N Redwood Rd Salt Lake City, UT.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Approximately 3,000 SF turnkey restaurant space for sublease; Lease expiration date: 2026; Newly remodeled exterior
