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    Retail and Office Investment Building Title is generated by Realmo AI

    1518 South 1100 East, Salt Lake City, UT 84105

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    Investment sale of a mixed retail and office property with reported 0% vacancy and a stated 6.8% cap rate.

    Type:Retail, Office
    Property size:
    11,153 SF
    Price / SF:
    $185/SF
    Added:
    Jun 22, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 26 at 1:50 am

    Property Features for 1518 South 1100 East

    General Information

    Standard status
    Active
    Size
    11,153 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1954

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    William Riedel

    Listing office Colliers - Salt Lake City, Utah

    Listing date Jun 22, 2026

    Source Crexi

    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 Colliers - Salt Lake City, Utah

    HighLights

    • Built in 1954
    • Reported 0% vacancy
    • Stated 6.8% cap rate (investment sale)

    Overview

    This offering presents an investment sale opportunity featuring a mixed-use configuration of retail space and office units within a single commercial property. The property totals 11,153 square feet and is presented with a reported 0% vacancy, along with a stated 6.8% cap rate as described in the seller’s remarks.

    Located at 1518 South 1100 East in Salt Lake City, Utah 84105, the asset is positioned as a combined retail and office format for an owner-operator or investor seeking a single building with multiple commercial uses under one roof. The information provided emphasizes its investment profile rather than an individual unit layout.

    For buyers evaluating income-producing commercial real estate, this property may fit those looking for exposure to both retail and office space in a consolidated investment. The seller’s remarks also highlight stability indicators, including the stated 0% vacancy and the 6.8% cap rate, which can be reviewed alongside due diligence on tenancy and operating details.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $244.9k $21.96
    − Vacancy −$6.9k −$0.61
    EGI $238.1k $21.35
    − OpEx −$71.4k −$6.40
    NOI $166.6k $14.94
    11,153 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.38M
    $2.08M – $2.78M (±1% cap)
    NOI $166,643 @ 7.0% cap · market cap 8.06%
    Second Best
    Office B
    $2.31M
    $2.02M – $2.70M (±1% cap)
    NOI $161,707 @ 7.0% cap · market cap 7.82%
    Theoretical Best
    Office A
    $3.00M
    $2.63M – $3.51M (±1% cap)
    NOI $210,335 @ 7.0% cap · market cap 10.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    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
    -111.858
    Latitude
    40.7388

    FAQs

    What type of property is this?
    Retail space - Investment sale of a mixed retail and office property with reported 0% vacancy and a stated 6.8% cap rate.
    Where is this retail space located?
    The property is located at 1518 South 1100 East Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $2,067,000.
    What are key features of this property?
    This property features: Built in 1954; Reported 0% vacancy; Stated 6.8% cap rate (investment sale)
    More about this property
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