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555 E 400 S 2,038 SF of Retail Space Available in Salt Lake City, UT 84102
Sublease Highlights
- The property provides visible frontage along 400 South, where the brochure reports traffic of approximately 24,000 vehicles per day.
- The proposed national coffee-user co-tenancy may generate complementary customer visits across multiple dayparts.
- Established restaurants, neighborhood retail, apartment communities, and civic uses surround the property.
- A nearby TRAX station provides access to Salt Lake City’s public transportation network.
- The preliminary concept plan identifies 30 parking spaces and queuing capacity for 18 vehicles.
- The former restaurant building provides a recognizable starting point for a food service or retail conversion, subject to occupant verification
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,038 SF | Negotiable | $69.26 CAD/SF/YR $5.77 CAD/SF/MO $141,145 CAD/YR $11,762 CAD/MO | Triple Net (NNN) |
1st Floor
Rare opportunity to lease 2,038 SF of retail space in the heart of downtown, located at 555 E 400 S. A nationally recognized coffee user is currently taking the drive-thru portion of the property, creating an opportunity for a complementary retail, restaurant, service, or other high-visibility user to occupy the remaining space. The property offers abundant on-site parking, a significant advantage for downtown retail and one that is difficult to find in the market. The location provides convenient access to major downtown corridors and benefits from strong surrounding residential, office, and retail activity.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Building has drive-thru
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 555 E 400 S, Salt Lake City, UT 84102
- Tenant
- Description
- US Locations
- Reach
- A&W All American Food
- Fast-food
- 683
- International
- KFC
- Fast-food
- 4,044
- International
| Tenant | Description | US Locations | Reach |
| A&W All American Food | Fast-food | 683 | International |
| KFC | Fast-food | 4,044 | International |
Property Facts
| Total Space Available | 2,038 SF | Gross Leasable Area | 2,746 SF |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Fast Food | Parking Ratio | 10/1,000 SF |
| Total Space Available | 2,038 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,746 SF |
| Year Built | 1989 |
| Parking Ratio | 10/1,000 SF |
About the Property
The property is located at 555 East 400 South in Salt Lake City, Utah. It is a former KFC and A&W restaurant building positioned along 400 South near 500 East. The brochure reports approximately 24,000 vehicles per day on 400 South and identifies a nearby TRAX station. A preliminary site plan depicts a national coffee user, on-site parking, accessible parking, vehicle queuing, and parcels 427-026 and 427-030. The property is east of Downtown Salt Lake City and is surrounded by restaurants, retail businesses, apartment properties, and civic facilities.
- Bus Line
- Metro/Subway
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
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555 E 400 S
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