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Hard Corner Retail Space
New
For Lease
$16 SF/Yr

205 West 400 South, Salt Lake City, UT 84101

Downtown retail space with on-site parking, multifamily surroundings, and convenient freeway access.

Space Size4,357 SF
Property Size8,129 SF
Days on Market7

Property Features for 205 West 400 South

General Information

Standard status Active
Size 4,357 SF
Total Parking Spaces 24
Property subtype Retail
Lease Term NNN

Site & Location

Corner Location Yes
Highway Access Yes

Additional Details

Space Use Retail

Building Details

Building Size 8,129 SF
Year Built 1977

Spaces For Lease

at 205 West 400 South Contact us

205 $16/SF/Yr

Size
4,357 SF
Term
Negotiable
Contact us
Listing Agency: InterNet Properties
Listed By: Nico Priskos · License #9181934-SA00
Source: Iproperties
Added: Aug 28 Changed: Aug 30 Last Checked: Sep 2 at 3:14PM

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 InterNet Properties

Investment Insights

Based on property information with market context.

This retail space at 205 West 400 South in Salt Lake City occupies a downtown hard-corner position. The property was built in 1977 and provides 24 on-site parking stalls, with additional off-site parking available. Tenant improvements may be available for qualified tenants.

The property is surrounded by multiple multifamily developments and sits across from the proposed Western Governors University campus. Its location also provides access to nearby freeway on- and off-ramps, supporting convenient connectivity for customers and tenants.

Key Highlights

  • Downtown hard‑corner retail location at 205 West 400 South
  • 24 on‑site parking stalls, with additional off‑site parking available
  • Across from the proposed Western Governors University campus

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Wine and Liquor Store Veterinary Clinic Pet Grooming Service Pet Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,968
Businesses Nearby
148k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 38% Hotels & Casinos 22%
McDonald's Dining
41,636 visits/mo 0.3 miles
Maverik Adventures First Stop Shops & Services
18,366 visits/mo 0.4 miles
Starbucks Dining
12,817 visits/mo 0.1 miles
Sheraton Salt Lake City Hotel Hotels & Casinos
10,938 visits/mo 0.3 miles
Chevron Shops & Services
9,583 visits/mo 0.2 miles

Demographics for 84101, UT

8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
Median Home Value

Market

Lease Benchmarks for Salt Lake City, UT

$24.95 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
10,164 SF
Avg Space Size

This space is priced 36% below the average of $24.95 /SF/Yr.

Vacancy Rate% for Retail in Salt Lake City, UT

6.5% 2019
7.5% 2020
5% 2021
3.5% 2022
4.2% 2023
4.2% 2024
3.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Downtown retail space with on-site parking, multifamily surroundings, and convenient freeway access.
Where is this retail space located?
The property is located at 205 West 400 South Salt Lake City, UT.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Downtown hard‑corner retail location at 205 West 400 South; 24 on‑site parking stalls, with additional off‑site parking available; Across from the proposed Western Governors University campus
More about this property
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