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Bank Building with Partial Leaseback
For Sale
Contact for pricing
Pending

475 E 200 S, Salt Lake City, UT 84111

Bank sale with a 7-year leaseback covering 4,414 sf for an A+ rated credit tenant.

Property Size22,304 SF
Days on Market493

Property Features for 475 E 200 S

General Information

Standard status Pending
Size 22,304 SF
Property subtype Office, Retail

Building Details

Year Built 1965
Listing Agency: Cushman & Wakefield - Salt Lake City, Utah
Listed By: JT Redd · License #UT 10454577
Source: Crexi
Added: May 2, 2025 Changed: Jul 21 Last Checked: Sep 1 at 9:46AM

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 Cushman & Wakefield - Salt Lake City, Utah

Investment Insights

Based on property information with market context.

This offering is a sale with a partial leaseback to the bank, allowing the seller to remain in place as a tenant for an additional term. The leaseback covers 4,414 sf (19.8%) for 7 years with an A+ rated credit tenant.

The property is positioned for visibility on a hard corner at 500 East and 400 South in Salt Lake City, Utah. The surrounding area is supported by strong local household and daytime population figures within a 3-mile radius.

The provided information also notes that the asking price supports a land-basis of $83 per sf if the bank tenant were to vacate.

Key Highlights

  • Bank sale with 7‑year leaseback in place for 4,414 SF (19.8%)
  • Credit tenant is a bank rated A+
  • Hard‑corner location on 500 East and 400 South

Property Analytics

Current Use

U.S. Bank-Roberto Rodriguez-Mortgage ... Loan Service U.S. Bank-Mortgage Loan ... Loan Service U.S. Bancorp Investments ... Financial Advisor U.S. Bank-Mortgage Branch ... Loan Service U.S. Bank Branch Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Pet Grooming Service Catering 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.

Location Intelligence

Trade Area within ½ mile

5,408
Businesses Nearby
400k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Dining 35% Shops & Services 19% Apparel 3%
Smith's Groceries
77,696 visits/mo 0.4 miles
Trader Joe's Groceries
58,424 visits/mo 0.5 miles
McDonald's Dining
29,730 visits/mo 0.4 miles
Chili's Grill & Bar Dining
20,155 visits/mo 0.5 miles
Taco Bell Dining
18,989 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Bank - Bank sale with a 7-year leaseback covering 4,414 sf for an A+ rated credit tenant.
Where is this bank located?
The property is located at 475 E 200 S Salt Lake City, UT.
What are key features of this property?
This property features: Bank sale with 7‑year leaseback in place for 4,414 SF (19.8%); Credit tenant is a bank rated A+; Hard‑corner location on 500 East and 400 South
(914) 714-4399 Call to check price and availability
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