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Retail/Office Space in Mixed-Use Project
For Lease
$24 SF/Yr

365 Paxton Avenue, Salt Lake City, UT 84101

First-generation retail/office space in a high-visibility, mixed-use project.

Space SizeContact for details
Days on Market150

Property Features for 365 Paxton Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Salt Lake City
Listed By: Brian Anderson · License #9845646-SA00
Source: Cbre
Added: Mar 25 Changed: Aug 9 Last Checked: Aug 20 at 7:18AM

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 CBRE - Salt Lake City

Investment Insights

Based on property information with market context.

This first-generation retail or office space is located in the newly opened Paxton 365 mixed-use project, situated just west of 300 W in Salt Lake City. The property benefits from high visibility and is located immediately south of a Target store, within the 300 W retail corridor, which includes major retailers such as Walmart, Lowe's, Home Depot, Costco, and Best Buy. The Paxton 365 project features 121 market-rate units and is currently 100% occupied. The space features floor-to-ceiling glass spanning the length of the space. An adjacent tenant, a locally owned bar and restaurant, is currently under construction. Please note that the space cannot support restaurant users requiring a hood vent. The property size is 874 square feet.

Key Highlights

  • High visibility retail/office space in the newly opened Paxton 365 mixed‑use project.
  • Located in the 300 W retail corridor, near Target, Walmart, Lowes, Home Depot, Costco, and Best Buy.
  • Part of the Paxton 365 project, featuring 121 market rate units and 100% occupancy.

Property Analytics

Current Use

Paxton 365 Apartment Building First Choice Electricians Electrical Service Paxton Pub Bar & Pub

Suggested Use

Top Pick Dental Office Law Firm Daycare Center Real Estate Agency (Bike/Boat/Book/etc) Store Wine and Liquor 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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,412
Businesses Nearby
404k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 60% Shops & Services 19% Dining 11% Home Improvements & Furnishings 7%
Walmart Superstores
131,429 visits/mo 0.2 miles
Target Superstores
109,569 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
27,409 visits/mo 0.3 miles
Five Below Shops & Services
21,754 visits/mo 0.2 miles
Mister Car Wash Shops & Services
18,588 visits/mo 0.4 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

$25.41 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
10,823 SF
Avg Space Size

This space is priced 6% below the average of $25.41 /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
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Frequently Asked Questions

What type of property is this?
Retail space - First-generation retail/office space in a high-visibility, mixed-use project.
Where is this retail space located?
The property is located at 365 Paxton Avenue Salt Lake City, UT.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: High visibility retail/office space in the newly opened Paxton 365 mixed‑use project.; Located in the 300 W retail corridor, near Target, Walmart, Lowes, Home Depot, Costco, and Best Buy.; Part of the Paxton 365 project, featuring 121 market rate units and 100% occupancy.
More about this property
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