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Ground-Floor Retail Space
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51 S 300 E, Salt Lake City, UT 84111

Street-level commercial space within a Class A multifamily development in downtown Salt Lake City.

Space Size1,440 SF
Days on Market154

Property Features for 51 S 300 E

General Information

Standard status Active
Size 1,440 SF
Net Rentable 1,440 SF
Property subtype Retail, Restaurant, Office
Lease Type NNN

Space & Availability

Available Space 1,440 SF
Contiguous Space 1,440 SF
Floor Ground
Space Use Retail

Building Details

Tenancy Single

Spaces For Lease

at 51 S 300 E Contact us

Available Space $28/SF/Yr

Size
1,440 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Newmark Mountain West
Listed By: J.R. Howa · License #UT 8672190-SA00
Source: Crexi
Added: Apr 1 Changed: Aug 30 Last Checked: Aug 31 at 11:25PM

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 1,440 SF retail suite occupies the ground floor of a Class A multifamily development at 51 S 300 E in Salt Lake City. The property is positioned within downtown’s walkable urban core and offers a dedicated commercial presence within a residential development.

City Creek Center is located steps from the property. The surrounding three-mile area includes over 168,000 residents, providing a substantial nearby population base for retail uses.

Key Highlights

  • 1,440 SF of ground‑floor retail space
  • Located within a Class A multifamily development
  • Downtown Salt Lake City address at 51 S 300 E

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Pet Grooming Service Veterinary Clinic Dental Office

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,632
Businesses Nearby
145k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 65% Hotels & Casinos 22% Dining 11% Groceries 3%
Nordstrom Apparel
93,717 visits/mo 0.4 miles
Panda Express Dining
15,415 visits/mo 0.4 miles
Hyatt House Salt Lake City/Downtown Hotels & Casinos
15,268 visits/mo 0.2 miles
Courtyard Salt Lake City Downtown Hotels & Casinos
10,039 visits/mo 0.2 miles
Salt Lake City Market AT 4th West Groceries
4,585 visits/mo 0.3 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

Lease Benchmarks for Salt Lake City, UT

$24.95 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
10,164 SF
Avg Space Size

This space is priced 12% above the average of $24.95 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level commercial space within a Class A multifamily development in downtown Salt Lake City.
Where is this retail space located?
The property is located at 51 S 300 E Salt Lake City, UT.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 1,440 SF of ground‑floor retail space; Located within a Class A multifamily development; Downtown Salt Lake City address at 51 S 300 E
More about this property
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