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    Salt Lake City Flex Retail Title is generated by Realmo AI

    3325 S Sue St, Salt Lake City, UT

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    2,235 SF flex retail building with value-add opportunity.

    Type:OFFICE
    Property size:
    2,235 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $178/SF
    Added:
    Jun 11, 2025
    Days on Market:
    391
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 3325 S Sue St

    General Information

    Standard status
    Active
    Size
    2,235 SF
    Lot size
    0.09 Acres
    Property subtype
    OFFICE

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    Evan Hawksley
    Evan Hawksley

    Listing office Peak Collective Real Estate

    Listing date Jun 11, 2025

    Source Moodyscre

    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 Peak Collective Real Estate

    HighLights

    • Located in an opportunity zone.
    • Affordably priced with potential for high return on investment after improvements.
    • Flexible 2,235 SF layout suitable for retail, office, or mixed‑use.
    • Located in an established area with strong demand.
    • Value‑add opportunity with untapped potential.
    • Opportunity to customize the space to meet specific business needs.

    Overview

    This 2,235 square foot flex retail building in Salt Lake City offers a value-add opportunity for an investor or business owner. Located in an opportunity zone, the property has untapped potential. The building requires some work and updates, and is priced to allow for a return on investment after improvements. The flexible layout is suited for retail, office, or a combination of uses. Located in an established area with demand for adaptable spaces, this property can be customized to meet the needs of various businesses. Renovations could transform it into a functional space that attracts customers or tenants, making it a long-term investment. This property offers an opportunity to secure a space in a promising area.

    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 $49.1k $21.96
    − Vacancy −$1.4k −$0.61
    EGI $47.7k $21.35
    − OpEx −$14.3k −$6.40
    NOI $33.4k $14.94
    2,235 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $477.1K
    $417.4K – $556.6K (±1% cap)
    NOI $33,394 @ 7.0% cap · market cap 8.37%
    Second Best
    Office B
    $462.9K
    $405.1K – $540.1K (±1% cap)
    NOI $32,405 @ 7.0% cap · market cap 8.12%
    Theoretical Best
    Office A
    $602.1K
    $526.9K – $702.5K (±1% cap)
    NOI $42,150 @ 7.0% cap · market cap 10.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Dental Office Skin Care Clinic Wine and Liquor Store Nursing Home Daycare Center (Bike/Boat/Book/etc) Store Restaurant Nursing Home (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Rogers Catering — 3551 S W Temple St, South Salt Lake, UT 84115
    • S.A.L.T Suburban Kitchen — 56 3335 S, South Salt Lake, UT 84115
    • Mr. Rice — 3390 State St, South Salt Lake, UT 84115
    • Chef Cody Ringo — 3478 S 500 E, Salt Lake City, UT 84115
    • Cuisine Unlimited Catering & Special Events — 3575 S 300 W, South Salt Lake, UT 84115

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.892
    Latitude
    40.6994

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    FAQs

    What type of property is this?
    Flex space - 2,235 SF flex retail building with value-add opportunity.
    Where is this flex space located?
    The property is located at 3325 S Sue St Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Located in an opportunity zone.; Affordably priced with potential for high return on investment after improvements.; Flexible 2,235 SF layout suitable for retail, office, or mixed‑use.
    (801) 948-3783 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Evan Hawksley
    Evan Hawksley
    Real Estate License ID: RE-15364
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