Salt Lake City, UT Retail Space for Lease

Search 101 retail listings in Salt Lake City, UT and find helpful local stats in the Market Overview section below.

4th South Marketplace - For Lease

655 E 400 S, Central City, Salt Lake City, UT
Property Type

Retail
For Lease Contact for pricing

1 space available / 12,588 SF
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Broadway Plaza

250 East 300 South , Central City, Salt Lake City, UT
Property Type

Retail
For Lease

$21.00/SF/YR
2 spaces available / 800 - 1,315 SF
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2188 South Highland Drive

2188 South Highland Drive, Sugar House, Salt Lake City, UT
Property Type

Retail
For Lease Contact for pricing

1 space available / 3,160 SF
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Quattro

385 South 400 East, Central City, Salt Lake City, UT
Property Type

Retail
For Lease Contact for pricing

1 space available / 2,330 SF
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Legacy Plaza at 54th

1848 West 5400 South, Taylorsville, UT
Property Type

Retail
For Lease Contact for pricing

3 spaces available / 1,250 - 4,000 SF
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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 $23.85 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 41 space(s) available under this type of arrangement. The local market is also home to 5 retail space(s) offered under a Modified Gross lease agreement type, and 4 Full Service listing(s).

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

NNN 41
Modified Gross 5
Full Service 4

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 109 listing(s) within that size range. You can also search 71 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 7 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,676 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 2 space(s) listed as Freestanding. The average size you can expect to find for this category is 4,046 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.

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 — 59 retail space(s). The most popular space type here is Restaurant. You can find 4 such listing(s) here.

Salt Lake City’s second most popular area is Sugar House, where you can find 39 retail listing(s).

Central City is also among the best areas to search for your next commercial space. Here you can find 27 retail space(s) available for consideration by prospective tenants.

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

Downtown Salt Lake City

Sugar House

Central City

Capitol Hill

Ballpark

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

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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Salt Lake City, UT Retail Space for Lease

4th South Marketplace - For Lease

Broadway Plaza

2188 South Highland Drive

Quattro

Legacy Plaza at 54th

Retail Space Rents in Salt Lake City, UT

Retail Space Lease Types in Salt Lake City, UT

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

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

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

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

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

Key Factors to Consider When Choosing a Retail Space for Lease

Other Popular Searches

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Recent Retail Market News

CRC Makes Utah Debut With 630 KSF Retail Buy

CIM Sells Salt Lake City Retail Asset for $48M

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

NKF Arranges $142M Sale of UT Retail Center

Coldwell Banker Commercial to Represent 1.8 MSF SLC TOD Vista Station

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