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Retail Space For Lease
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215 S State St, Salt Lake City, UT 84111

Retail space available for lease in Salt Lake City.

Space Size3,500 SF
Days on Market955

Property Features for 215 S State St

General Information

Standard status Active
Size 3,500 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 2,800 SF
Tenancy Multiple

Spaces For Lease

at 215 S State St Contact us

Available Space 5

Size
3,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Legend Commercial
Listed By: Tanner Olson · License #UT
Source: Crexi
Added: Jan 9, 2024 Changed: Aug 21 Last Checked: Aug 20 at 9:59PM

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 Legend Commercial

Investment Insights

Based on property information with market context.

This retail space is available for lease. The property is located at 215 S State St, Salt Lake City, UT 84111.

Key Highlights

  • For Lease

Property Analytics

Current Use

Philip D. Dracht, ... Law Firm SP+ Parking Parking Lot & Garage First American Title ... Title Company Sedgwick Claims Management ... Financial Advisor CB Richard Ellis Real Estate Agency

Suggested Use

Top Pick Building Supply Auto Parts Store Veterinary Clinic (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale 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.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,496
Businesses Nearby
220k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 43% Hotels & Casinos 17% Groceries 17% Shops & Services 13%
Nordstrom Apparel
93,717 visits/mo 0.4 miles
Harmons Grocery Groceries
37,560 visits/mo 0.2 miles
Building At 60 Exchange Pl Hotels & Casinos
21,123 visits/mo 0.3 miles
Kimpton Hotel Monaco Salt Lake City Hotels & Casinos
14,880 visits/mo 0.2 miles
P.F. Chang's Dining
11,070 visits/mo 0.5 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

$25.41 /SF/Yr
Avg Asking Price
$16–$33 /SF/Yr
Price Range
10,823 SF
Avg Space Size

This space is priced 18% above 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 - Retail space available for lease in Salt Lake City.
Where is this retail space located?
The property is located at 215 S State St Salt Lake City, UT.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: For Lease
More about this property
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