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400 500 Salt Lake City, UT 84101

OFF-MARKET Retail properties & Spaces Google Maps
36,000 SF Built 1909
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

The iconic A & Z Building, a beautifully renovated 36,000 square foot Class A property, offers exceptional lease opportunities in Salt Lake City's vibrant Salt Lake submarket. Originally constructed in 1909 and extensively renovated in 2020, this three-story building boasts a prime location at the intersection of 500 South and 400 West, with a C-1 zoning designation. The building features a single structure situated on a half-acre lot (APN: 15-01-330-023-0000, Salt Lake County). Multiple tenancy options are available, with spaces ranging from a minimum of 3,500 square feet to a maximum contiguous space of 15,900 square feet; the entire 36,000 square feet is currently vacant. Ideal for restaurant and retail uses, this high-profile building offers bold curb appeal and ample parking with a 3/1,000 ratio. This property is part of a larger master-planned renovation, reflecting a commitment to revitalizing this historic landmark. The landlord is highly motivated to secure tenants in this high-growth area. Inquire for pricing and lease terms.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1909
Total area 36,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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