Contacts
![broker]( https://cdn.commercialsearch.com/images/C56FFAFB-E8B1-412F-AC89-A530BC2EE882/ShadSelmos.jpeg?width=96)
Shad Selmos
KW Commercial | Salt Lake City
Property Details
- Property Type Retail - Restaurant
- Units 0
- Lot Size 0.01 Acre
- Additional Rent Contact for pricing
- Date Updated Sep 5, 2024
Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City. Whether you're seeking a reliable income stream or a strategic addition to your portfolio, this opportunity presents unmatched potential in one of Salt Lake City's most sought-after locations. Don't miss your chance to secure your stake in this thriving urban landscape! DO NOT DISTURB TENANT- Tours are available by appointment only.
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Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Salt Lake City, UT
- Neighborhood Central City
- Zip Code 84111
- Market Salt Lake City
Points of Interest
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City Center
0.36 miles
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Temple Square
0.58 miles
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600 South (Under Construction)
0.64 miles
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Arena
0.83 miles
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900 East
1.08 miles
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North Temple Bridge/Guadalupe
1.14 miles
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University South Campus
2.46 miles
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Fort Douglas
2.60 miles
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Central Pointe
2.79 miles
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300 East
2.89 miles
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7 Eleven
0.30 miles
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Chevron
0.60 miles
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Sinclair Service Station
0.70 miles
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Fast Break Gas
0.71 miles
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Smith's Fuel Center
0.76 miles
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ChargePoint
0.77 miles
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Sinclair
0.78 miles
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Mavrick
0.78 miles
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Maverik
0.95 miles
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Chevron
0.96 miles
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Regent Street Parking Garage
0.23 miles
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Library Square
0.31 miles
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Peery Lot
0.45 miles
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500 South Lot
0.46 miles
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(Parking structure)
0.63 miles
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Dealer Lot
0.65 miles
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Summer Parking
0.90 miles
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s
1.39 miles
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Hell Canyon Trailhead
1.42 miles
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Nate Wade Subaru Lot
1.53 miles
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Roctaco
0.03 miles
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Curry Up Now
0.05 miles
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Este Pizza
0.05 miles
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Copper Common
0.07 miles
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Toasters
0.08 miles
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The Copper Onion
0.08 miles
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Taqueria 27
0.08 miles
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Cancun Cafe
0.10 miles
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MONARCA
0.12 miles
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DP Cheesesteak
0.15 miles
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Harmons City Creek
0.26 miles
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Disney Store
0.33 miles
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The Leo Store
0.36 miles
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City Creek Center
0.37 miles
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Macy's
0.39 miles
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Nordstrom
0.47 miles
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Shop-N-Go
0.63 miles
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Smith's
0.66 miles
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Ross
0.71 miles
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Sprouts Farmers Market
0.72 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
![broker]( https://cdn.commercialsearch.com/images/C56FFAFB-E8B1-412F-AC89-A530BC2EE882/ShadSelmos.jpeg?width=96)
Shad Selmos
KW Commercial | Salt Lake City