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    Property profile & analytics

    645 400 Salt Lake City, UT 84102

    • Commercial real estate
    • 17,290 SF
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US86-0571418
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • F45 Training 400 South / Gym / Fitness Center
    • Block Advisors / Accountant / Accounting Firm

    Property Details for 645 400

    Property size
    17,290 SF
    Property type
    Commercial real estate

    Description

    This exceptional 17,290-square-foot retail space is available for sublease in Salt Lake City, Utah. Located at 645 E 400 S, 84102, this single-tenant property boasts a prime location in a high-traffic retail area. The property benefits from excellent visibility and accessibility, with pylon signage available for enhanced brand recognition. Its strategic placement offers convenient proximity to UTA TRAX stations, ensuring easy access for customers utilizing public transportation. Traffic counts are substantial, with 36,009 ADT on 700 East and 21,380 ADT on 400 South, indicating a high volume of potential customers. The current lease, executed in July 2015, features an original ten-year term with two five-year options. The property is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a well-situated retail space in a thriving commercial area. The cap rate is 0%. This information is provided as is and should be independently verified.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8724156
    Latitude
    40.7616681

    Comparable in this City

    • Contact for pricing
      70,130 SF

      Salt Lake City Retail Center

      Prime Retail Space, Multiple Suites Available
      655 400, Salt Lake City, UT 84102
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    • $9 SF/Yr
      2,087 SF

      Retail Space Available For Lease

      Retail property with 2087 square feet available for lease.
      544-640 S 700 E, Salt Lake City, UT 84102
      View Details
    • Contact for pricing
      9,000 SF

      Urban Development Retail & Restaurant

      Newest urban development with retail and restaurant spaces.
      326 W 600 S, Salt Lake City, UT 84102
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    • $9 SF/Yr
      7,200 SF

      Downtown Office/Storage Warehouse Showroom

      7,200 SF two-level space with direct access.
      430 E Slade Pl, Salt Lake City, UT 84102
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    • $9 SF/Yr
      7,421 SF

      Retail Space Available For Lease

      7,421 square feet of retail space for lease.
      602 S 600 E, Salt Lake City, UT 84102
      View Details
    • Contact for pricing
      2,163 SF

      Prime Retail Space Near University

      Retail space near downtown, University of Utah, and hospitals.
      655-665 E 400 S, Salt Lake City, UT 84102
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      70,130 SF

      Salt Lake City Retail Center

      Prime Retail Space, Multiple Suites Available
      655 400, Salt Lake City, UT 84102
      View Details
    • $9 SF/Yr
      2,087 SF

      Retail Space Available For Lease

      Retail property with 2087 square feet available for lease.
      544-640 S 700 E, Salt Lake City, UT 84102
      View Details
    • Contact for pricing
      9,000 SF

      Urban Development Retail & Restaurant

      Newest urban development with retail and restaurant spaces.
      326 W 600 S, Salt Lake City, UT 84102
      View Details
    • $9 SF/Yr
      7,200 SF

      Downtown Office/Storage Warehouse Showroom

      7,200 SF two-level space with direct access.
      430 E Slade Pl, Salt Lake City, UT 84102
      View Details
    • $9 SF/Yr
      7,421 SF

      Retail Space Available For Lease

      7,421 square feet of retail space for lease.
      602 S 600 E, Salt Lake City, UT 84102
      View Details
    • Contact for pricing
      2,163 SF

      Prime Retail Space Near University

      Retail space near downtown, University of Utah, and hospitals.
      655-665 E 400 S, Salt Lake City, UT 84102
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      3.2k
    • Avg Time on site
      16 min
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    645 400
    Salt Lake City, UT 84102
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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
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