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Versatile Retail/Flex Space Available
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6041 S State St, Salt Lake City, UT

High-traffic retail/flex space available for sublease until May 2030.

Space Size11,024 SF
Lot Size1.68 Acres
Days on Market768

Property Features for 6041 S State St

General Information

Standard status Active
Size 11,024 SF
Lot size 1.68 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 6041 S State St Contact us

6041 S State St $20/SF/Yr

Floor
1
Size
11,024 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Peak Collective Real Estate with KW Commercial is pleased to present up to 11,024...
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Listing Agency: Peak Collective Real Estate
Listed By: Kody Watts · License #RE-15364
Source: Moodyscre
Added: Jul 19, 2024 Changed: Aug 8 Last Checked: Aug 24 at 4:18AM

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 Peak Collective Real Estate

Investment Insights

Based on property information with market context.

Located at 6041 S State St, Murray UT 84107, this versatile commercial space offers up to 11,024 square feet of retail or flex space for lease. Situated in a high-traffic area, the property provides visibility and accessibility. The space can be divided to accommodate various business needs. Surface space is also available for lease separately, suitable for businesses such as food trucks or small car dealerships. The location's flexible zoning makes it suitable for ventures seeking to capitalize on customer traffic. Previously occupied by Pep Boys, the space is available as a sublease until May 31, 2030, with potential lease renewals possible afterward. The space will be available starting October 1, 2024, following the current tenant's departure in mid-September.

Key Highlights

  • High‑traffic location with excellent visibility and accessibility.
  • Flexible zoning suitable for a wide range of businesses.
  • Sublease available until May 31, 2030.

Property Analytics

Current Use

Tacos El Pariente ... Restaurant Taqueria la catrina ... Restaurant Pep Boys (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Hotel & Motel Building Supply

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,939
Businesses Nearby
684k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 54% Dining 30% Shops & Services 9% Home Improvements & Furnishings 5%
Dillard's Apparel
114,470 visits/mo 0.4 miles
Macy's Apparel
81,676 visits/mo 0.2 miles
Nordstrom Apparel
65,366 visits/mo 0.2 miles
The Container Store Home Improvements & Furnishings
33,846 visits/mo 0.3 miles
Burlington Apparel
30,323 visits/mo 0.2 miles

Market

Lease Benchmarks for Salt Lake City, UT

$25.41 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
11,165 SF
Avg Space Size

This space is priced 21% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-traffic retail/flex space available for sublease until May 2030.
Where is this retail space located?
The property is located at 6041 S State St Salt Lake City, UT.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with excellent visibility and accessibility.; Flexible zoning suitable for a wide range of businesses.; Sublease available until May 31, 2030.
(801) 809-0914 Call to check price and availability
More about this property
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