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Retail Space with Patio Potential
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For Lease
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238 S Main St, Salt Lake City, UT 84101

NNN lease opportunity with optional basement space for storage or conference rooms.

Space Size3,134 SF
Days on Market7

Property Features for 238 S Main St

General Information

Standard status Active
Size 3,134 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 238 S Main St Contact us

238 S Main St $41/SF/Yr

Size
3,134 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Lease Rate: $41.00/SF NNN - 3,134 SF - Potential for Outdoor Patio on the back...
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Listing Agency: Mountain West - Corporate
Listed By: Garrett Blomquist · License #5500481-SA00
Source: Moodyscre
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 11 at 1:22PM

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 Mountain West - Corporate

Investment Insights

Based on property information with market context.

This 3,134 SF retail space offers a storefront configuration with Main Street frontage and potential use of the rear plaza for an outdoor patio. An additional 2,200 SF basement area is available for storage, conference rooms, or related support functions.

The property sits in the center of Salt Lake City’s Central Business District, across from Gallivan Plaza and adjacent to 222 Main Office Tower. The surrounding downtown setting includes office towers, restaurants, hotels, entertainment venues, and other retail, with direct access to the central business core. Estimated daytime population within 2 miles is approximately 165,000 people.

Key Highlights

  • 3,134 SF retail space
  • Main Street frontage in Salt Lake City’s Central Business District
  • Potential outdoor patio area on the rear plaza

Property Analytics

Current Use

Shim Thai & Japanese ... Restaurant Pier 49 Pizza Restaurant

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

7,644
Businesses Nearby
280k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Dining 23% Hotels & Casinos 22% Groceries 13%
Nordstrom Apparel
93,717 visits/mo 0.4 miles
McDonald's Dining
41,636 visits/mo 0.4 miles
Harmons Grocery Groceries
37,560 visits/mo 0.4 miles
Building At 60 Exchange Pl Hotels & Casinos
21,123 visits/mo 0.2 miles
Kimpton Hotel Monaco Salt Lake City Hotels & Casinos
14,880 visits/mo 0.1 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

$25.54 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
10,716 SF
Avg Space Size

This space is priced 61% above the average of $25.54 /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
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Frequently Asked Questions

What type of property is this?
Retail space - NNN lease opportunity with optional basement space for storage or conference rooms.
Where is this retail space located?
The property is located at 238 S Main St Salt Lake City, UT.
What is the lease rate?
The lease rate is $41 SF/Yr.
What are key features of this property?
This property features: 3,134 SF retail space; Main Street frontage in Salt Lake City’s Central Business District; Potential outdoor patio area on the rear plaza
(801) 727-4414 Call to check price and availability
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