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Property profile

611 Main St Salt Lake City, UT 84111

OFF-MARKET
Retail properties & Spaces
180,000 SF 1.06 ac lot Built 2021
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 611 S Main St, Salt Lake City, UT 84111 (cross streets: 600 South/Main Street), offers 180,000 square feet of retail space within an eight-story building complex constructed in 2021. The property sits on 1.06 acres and is zoned D-1. Multiple tenancy options are available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,000 square feet. The building consists of eight separate structures, each eight stories high. This development is ideally situated within a new 175-unit multi-family complex, ensuring high foot traffic and visibility. The property benefits from excellent daily traffic counts, with 38,000 cars passing on 600 South and 7,000 cars on Main Street. This makes it an excellent location for a variety of retail uses, including restaurants, salons, and bike shops. The property's APN is 16-06-354-001-0000, 16-06-354-002-0000, and 16-06-354-005-0000, and is located in Salt Lake County. This is a rare opportunity to secure prime retail space in a thriving downtown Salt Lake City location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 180,000 SF
Lot 1.06 ac (46,174 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Clothing Store
  • Marketing & Advertising
  • Apartment Complex Apartment Building
  • Cafe & Coffee Shop
  • Construction Company

Location

611 Main St Salt Lake City, UT 84111
Salt Lake City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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