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    1 Burton Ave South Salt Lake, UT 84115

    Sponsored
    For Lease
    $26 SF/Yr

    Downtown Salt Lake Retail Opportunity: 7,100 SF Available

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    One Burton Retail presents a unique opportunity for businesses seeking high-visibility retail space in the burgeoning downtown South Salt Lake area. This mixed-use development boasts 7,100 square feet of immediately available retail space on the ground floor of a seven-story building, situated on a hard corner of Main Street, ensuring excellent visibility and accessibility. The space is part of a larger 50,000 square foot retail development, with a minimum divisible unit of 798 square feet, offering flexibility for various business needs. The property benefits from convenient access to major freeway systems, providing easy commutes for both employees and customers. Thousands of new residential units are being developed within walking distance, creating a robust and growing customer base. Amenities include covered parking supplemented by ample street parking, approximately 19-foot ceiling heights, and the option for exterior seating. The building features a premium exterior design with a brick finish, aluminum storefront, and custom awnings. Grease traps are installed in the north and south corner spaces, ideal for restaurant tenants. Located in Salt Lake County, this property offers a prime location within a rapidly developing area. This is an exceptional opportunity to establish a thriving business in a vibrant and growing community.

    Property Features for 1 Burton Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF
    Total Rate
    108333.33

    Unit(s) available at that property

    Space
    Suite 1
    Size
    2,469 SF
    Rate per SF
    $28
    Space
    Suite 3
    Size
    798 SF
    Rate per SF
    $28
    Space
    Suite 4
    Size
    2,100 SF
    Rate per SF
    $28
    Space
    Suite 2
    Size
    1,733 SF
    Rate per SF
    $28

    HighLights

    • 50,000 SF retail building in Salt Lake County.
    • 7,100 SF of vacant space available.
    • Minimum divisible space of 798 SF.
    • Located in a new mixed‑use development in downtown South Salt Lake with excellent freeway access.
    • Features include grease traps, 19' ceilings, exterior seating, and premium exterior finishes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Salt Lake
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.89107243289
    Latitude
    40.71946362988

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Salt Lake Retail Opportunity: 7,100 SF Available
    Where is this individual retail property located?
    The property is located at 1 Burton Ave South Salt Lake, UT.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 50,000 SF retail building in Salt Lake County.; 7,100 SF of vacant space available.; Minimum divisible space of 798 SF.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Burton Ave South Salt Lake, UT 84115
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