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3018 S State St 4,011 SF of Retail Space Available in Salt Lake City, UT 84115
Highlights
- Heavy Traffic
- Great Signage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 4,011 SF | 12’ | Negotiable | $32.89 CAD/SF/YR $2.74 CAD/SF/MO $131,921 CAD/YR $10,993 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Corner Space
- Drop Ceilings
- Recessed Lighting
- Finished Ceilings: 12’
- Yard
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 3018 S State St, Salt Lake City, UT 84115
- Tenant
- Description
- US Locations
- Reach
- Chicken Empire
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Chicken Empire | Retailer | 1 | - |
Property Facts
| Total Space Available | 4,011 SF | Gross Leasable Area | 4,011 SF |
| Property Type | Retail | Year Built/Renovated | 1951/2010 |
| Property Subtype | Storefront | Parking Ratio | 1.99/1,000 SF |
| Total Space Available | 4,011 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,011 SF |
| Year Built/Renovated | 1951/2010 |
| Parking Ratio | 1.99/1,000 SF |
About the Property
Rare opportunity to lease a large, second-generation restaurant space in a highly visible, high-traffic corridor along State Street. This ±4,500 SF freestanding building offers the core infrastructure needed for a restaurant user, significantly reducing startup time and cost. Located in a rapidly developing area, the property benefits from strong surrounding traffic drivers including Century 16 movie theaters, China Market, and immediate proximity to the freeway. Ideal for both destination dining and strong drive-by exposure. The space is well-suited for a full-service restaurant, quick-service concept, or banquet/event venue, and other retail with a flexible layout and multiple back-of-house areas. Key Features ±4,500 SF freestanding building Existing commercial kitchen + hood system Walk-in refrigerator Multiple prep, storage, and back rooms Two restrooms Large open dining area Dedicated on-site parking lot Excellent State Street frontage + signage opportunity Large front windows providing natural light and visibility Ideal Use Full-service restaurant Fast casual / QSR Banquet hall / event center Specialty dining concept The space is largely turnkey with major restaurant infrastructure already in place. Some cosmetic improvements may be needed, presenting an excellent opportunity to customize the space while saving significantly on buildout costs. Great Retail space for several different types of concepts. Contact Alec for a tour.
- Bus Line
- Signage
Nearby Major Retailers
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3018 S State St
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