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David Keith Building 242-254 S Main St 2,536 - 10,200 SF of Retail Space Available in Salt Lake City, UT 84101
HIGHLIGHTS
- Historic Property Prime for Adaptive Reuse
- Retail Space May be Split to Fit Tenant Needs
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Retail Level | 2,536-10,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste Retail Level
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 DAVID KEITH BUILDING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 40 Paces Inc
- Construction
- 1
- -
- Copperfield Publishing
- Books
- 1
- -
- Eborn Books
- Books
- 3
- National
- Keys On Main
- Restaurant
- 2
- Regional
- Kom Holdings LLC
- Finance and Insurance
- 1
- -
- T P Gallery
- Jewelry/Watches
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 40 Paces Inc | Construction | 1 | - |
| Copperfield Publishing | Books | 1 | - |
| Eborn Books | Books | 3 | National |
| Keys On Main | Restaurant | 2 | Regional |
| Kom Holdings LLC | Finance and Insurance | 1 | - |
| T P Gallery | Jewelry/Watches | 1 | - |
PROPERTY FACTS
| Total Space Available | 10,200 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 2,536 SF | Gross Leasable Area | 65,835 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 10,200 SF |
| Min. Divisible | 2,536 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 65,835 SF |
| Year Built | 1920 |
ABOUT THE PROPERTY
The Historic David Keith Building offers prime Main Street frontage with 18-foot ceiling heights. Adjacent to Gallivan Center and Gallivan TRAX Station. In the heart of downtown's active restaurant and bar scene. Space is currently gutted and may be split to fit the needs of Tenants. Landlord to renovate façade and storefront and deliver spaces in grey/vanilla shell with TI allowance available or built to suit to fit Tenants needs. Co-Located with Keys On Main Dueling Piano Bar.
- Metro/Subway
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 200 South | Main Street, E | 17,512 | 2021 | 0.09 mi |
| 200 South | W 2nd S, SE | 8,343 | 2025 | 0.09 mi |
| W 200 S | S Main St, E | 16,882 | 2024 | 0.10 mi |
| 200 South | S Main St, E | 16,703 | 2025 | 0.10 mi |
| West Temple | West Temple, S | 27,890 | 2021 | 0.13 mi |
| 200 South | Regent St, W | 18,093 | 2025 | 0.13 mi |
| E 200 S | Regent St, W | 18,384 | 2024 | 0.13 mi |
| Main Street | Exchange Pl, N | 7,282 | 2025 | 0.14 mi |
| S Main St | W 200 S, S | 4,401 | 2024 | 0.14 mi |
| West Temple | - | 28,038 | 2025 | 0.14 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
242 Main Exterior
242 Main Exterior
242 Main Exterior
242 Main Exterior
242 Main Exterior
Plat Map