Bank Building with Partial
For Sale
Contact for pricing
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
Price / SF$114.87
Days on Market541
Property Features for 475 E 200 S
General Information
Standard status
Active
Size
22,304 SF
Property subtype
Office, Retail
Zoning
R-MU
Site & Location
Neighborhood
Central City
Building Details
Year Built
1965
Listing Agency:
Cushman & Wakefield - Salt Lake City, Utah
Listed By:
JT Redd · License #UT 10454577
(914) 714-4399
Source:
Crexi
Added: May 2, 2025
Changed: Oct 20
Last Checked: Oct 23 at 5:11AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,408
Businesses Nearby
400k
Monthly Visits Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Salt Lake City, UT
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 is the asking price?
The asking price for this property is $2,562,000.
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
