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Multi-Tenant Restaurant Property
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.

Property SizeContact for details
Days on Market164

Property Features for 279 E 300 S

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Newmark Mountain West
Listed By: Ryan Stewart · License #UT 7890408-SA00
Source: Crexi
Added: Mar 26 Changed: Aug 26 Last Checked: Aug 31 at 3:33PM

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.

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

Salt Lake City ... Music Venue Hellenic Cultural Museum Museum Greek Orthodox Church ... Charitable Organization Current Fish and Oyster Restaurant

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,159
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Groceries 15% Hotels & Casinos 13% Home Improvements & Furnishings 9%
Chevron Shops & Services
11,645 visits/mo 0.4 miles
7-Eleven Shops & Services
7,857 visits/mo 0.2 miles
Salt Lake City Market AT 4th West Groceries
4,585 visits/mo 0.2 miles
Hyatt Place Hotels & Casinos
3,995 visits/mo 0.5 miles
City Ace Hardware-Marmalade Home Improvements & Furnishings
2,939 visits/mo 0.2 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

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?
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
(801) 456-8800 Call to check price and availability
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