Salt Lake City, UT Retail Space for Lease

Search 136 retail listings in Salt Lake City, UT and find helpful local stats in the Market Overview section below.

324 South State Street

324 South State Street, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

249,000 SF
Availability

6 Spaces

96,133 SF
Year Built

1911
For Lease Contact for pricing
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Van Winkle Shopping Center

5580 S Van Winkle, Holladay, Murray, UT
Property

Retail

126,000 SF
Availability

1 Space

3,545 SF
For Lease

$1.83/SF/MO
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Murray Crossing

196 & 224 W Vine St, Murray, UT
Property

Retail
Availability

1 Space

2,261 SF
For Lease Contact for pricing
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Bowers South City Residences

55 W Utopia Ave, South Salt Lake, UT
Property

Retail
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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6262-6284 South State Street

6284 South State Street, Murray, UT
Property

Retail

57,014 SF
Availability

1 Space

3,718 SF
Year Built

1994
For Lease Contact for pricing
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1526-1532 South State Street

1526-1532 South State Street, Ballpark, Salt Lake City, UT
Property

Retail

10,000 SF
Availability

4 Spaces

2,570 SF
Year Built

1985
For Lease

$11.50 - $17.00/SF/YR
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Park Place

Duplicate of 45 State St, Central City, Salt Lake City, UT
Property

Retail
Availability

1 Space

13,300 SF
For Lease Contact for pricing
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State Place

5993 South State Street, Murray, Salt Lake City, UT
Property

Retail

142,166 SF
Availability

1 Space

3,000 SF
Year Built

1968
For Lease

$35.00/SF/YR
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55 N Redwood Rd

55 N Redwood Rd, Glendale, Salt Lake City, UT
Property

Mixed Use

26,194 SF
Availability

1 Space

3,000 SF
Year Built

1965
For Lease

$16.00/SF/YR
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5502-5580 South Van Winkle

5518 South Van Winkle, Murray, UT
Property

Retail

183,496 SF
Availability

7 Spaces

69,298 SF
Year Built

1967
For Lease Contact for pricing
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Carpenter Building

331 South Rio Grande, Downtown Salt Lake City, Salt Lake City, UT
Property

Office

47,000 SF
Availability

2 Spaces

4,245 SF
Year Built

1912
For Lease

$12.00 - $21.00/SF/YR
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Lamplighter Square | for Lease

1615 Foothill Dr, East Bench, Salt Lake City, UT
Property

Retail
Availability

1 Space

2,630 SF
For Lease Contact for pricing
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Salt Lake City’s Contemporary Destination for Industrial Retail and Creative Hospitality

1388 South 300 West, Ballpark, Salt Lake City, UT
Property

Retail

26,792 SF
Availability

1 Space

15,753 SF
For Lease Contact for pricing
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Downtown Main Street Restaurant

270 S Main St, Downtown Salt Lake City, Salt Lake City, UT
Property

Retail

9,136 SF
Availability

1 Space

2,018 SF
Year Built

1889
For Lease

$38.00/SF/YR
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American Towers Retail

46 West 300 South, Downtown Salt Lake City, Salt Lake City, UT
Property

Retail

2,150 SF
Availability

1 Space

2,150 SF
For Lease

$27.00/SF/YR
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On Regent Retail | For Lease

The Regent, Downtown Salt Lake City, Salt Lake City, UT
Property

Retail
Availability

1 Space

3,694 SF
For Lease Contact for pricing
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Foothill Village

1400 South Foothill Drive, Sugar House, Salt Lake City, UT
Property

Retail

425,411 SF
Availability

23 Spaces

52,936 SF
Year Built

1956
For Lease Contact for pricing
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Regent Street | Sublease

135 Regent St, Downtown Salt Lake City, Salt Lake City, UT
Property

Retail
Availability

2 Spaces

3,136 SF
For Lease Contact for pricing
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Boston Store & Raybould Block

260 - 264 South Main Street, Downtown Salt Lake City, Salt Lake City, UT
Property

Retail

21,700 SF
Availability

7 Spaces

21,700 SF
For Lease

$28.00 - $38.00/SF/YR
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Broadway Retail

243 East 300 South, Central City, Salt Lake City, UT
Property

Retail

4,000 SF
Availability

1 Space

1,000 SF
For Lease

$28.00/SF/YR
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Retail Space Rents in Salt Lake City, UT

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Salt Lake City asks $26.86 per square foot.

Retail Space Lease Types in Salt Lake City, UT

The most common type of lease agreement you’ll find here is NNN, with 49 space(s) available under this type of arrangement. The local market is also home to 8 retail space(s) offered under a Modified Gross lease agreement type, and 8 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Salt Lake City, UT

NNN 49
Modified Gross 8
Full Service 8

Average Size of Retail Space for Lease in Salt Lake City, UT

The average size for this type of rental opportunity in Salt Lake City is 1,000 sqft to 2,500 sqft. Currently, the local market offers 121 listing(s) within that size range. You can also search 85 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Salt Lake City, UT

Retail space in Salt Lake City comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 8 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,899 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 3 space(s) listed as Freestanding. The average size you can expect to find for this category is 3,071 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.

What’s more, you can find 1 listing(s) in the Street Retail category, currently available in the average size of 20,000 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

Number of Retail Spaces for Lease in Salt Lake City, UT, by Use Type

Restaurant

8

Freestanding

3

Street Retail

1

Average Retail Listing Size in Salt Lake City, UT, by Use Type

Restaurant

2,899 sq. ft.

Freestanding

3,071 sq. ft.

Street Retail

20,000 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Salt Lake City, UT

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Downtown Salt Lake City is your top choice for lease opportunities, as it is currently home to the highest number of listings — 72 retail space(s). The most popular space type here is Restaurant. You can find 3 such listing(s) here.

Salt Lake City’s second most popular area is Central City, where you can find 58 retail listing(s). The most likely type of space you can rent here is Freestanding. If this is the kind of property you are looking for, you will find 1 listing(s) available here.

Sugar House is also among the best areas to search for your next commercial space. Here you can find 39 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Salt Lake City, UT

Downtown Salt Lake City

72

Central City

58

Sugar House

39

Ballpark

20

Capitol Hill

11

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Recent Retail Market News

CRC Makes Utah Debut With 630 KSF Retail Buy

The deal is part of the company’s Continental Realty Opportunistic Retail Fund I LP, a $323 million investment vehicle.

CIM Sells Salt Lake City Retail Asset for $48M

Newmark Knight Frank has arranged the disposition of The Family Center at Riverdale, a 427,800-square-foot shopping destination in Riverdale, Utah.

Salt Lake City-Area Retail Center Lands $69M Refi

Dallas-based TriGate Capital received the financing for the 726,000-square-foot, Harmons-anchored property in Taylorsville, Utah. HFF secured the 3-year, floating-rate loan.

NKF Arranges $142M Sale of UT Retail Center

Situated in Fort Union, one of Salt Lake City’s premier retail destinations, the asset was built in 1974 and is currently 86 percent occupied.

Coldwell Banker Commercial to Represent 1.8 MSF SLC TOD Vista Station

Coldwell Banker Commercial NRT’s Salt Lake office will represent Vista Station, a new 100-plus acre development located in Draper, Utah.

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