|
|
270 S Main St 2,018 SF of Retail Space Available in Salt Lake City, UT 84101
HIGHLIGHTS
- Downtown Main Street Restaurant Space w/ Patio
- Possible Hood & Grease Trap Installation
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,018 SF | Negotiable | $38.00 /SF/YR $3.17 /SF/MO $409.03 /m²/YR $34.09 /m²/MO $6,390 /MO $76,684 /YR | Triple Net (NNN) |
1st Floor
Prime restaurant space with all furniture, fixtures, and equipment in place. This location boasts a fantastic Main Street spot, providing high visibility and foot traffic. The lease includes basement space with ample storage, a walk-in cooler, and a walk-in freezer. Additionally, there is the potential to install a hood and grease trap, making it suitable for a variety of culinary ventures. The operable storefront and patio space on Main Street creates an inviting atmosphere for patrons.
- Lease rate does not include utilities, property expenses or building services
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.
PROPERTY FACTS
| Total Space Available | 2,018 SF | Gross Leasable Area | 9,136 SF |
| Property Type | Retail | Year Built/Renovated | 1920/2006 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.47/1,000 SF |
| Total Space Available | 2,018 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,136 SF |
| Year Built/Renovated | 1920/2006 |
| Parking Ratio | 0.47/1,000 SF |
ABOUT THE PROPERTY
Recently Built-Out Sushi Restaurant with FF&E in Place Excellent Main Street Location Near Existing Bars, Restaurants & Venues Basement Space Included in Rate with Amle Storage and Walk-In Cooler & Walk-In Freezer Ability to Install Hood & Grease Trap Operable Storefront with Patio Space on Main Street
- Bus Line
- Metro/Subway
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 200 South | W 2nd S, SE | 8,345 | 2022 | 0.12 mi |
| West Temple | - | 27,943 | 2022 | 0.13 mi |
| West Temple | S West Temple, SE | 28,037 | 2022 | 0.13 mi |
| 200 South | S Main St, E | 16,884 | 2020 | 0.13 mi |
| W 200 S | S Main St, E | 16,805 | 2022 | 0.13 mi |
| E 300 S | N 20 E, E | 12,161 | 2022 | 0.13 mi |
| S West Temple St | Market St, S | 23,116 | 2015 | 0.15 mi |
| S West Temple | Market St, S | 25,238 | 2022 | 0.15 mi |
| S Main St | Exchange Pl, N | 7,184 | 2022 | 0.15 mi |
| 200 South | Regent St, W | 18,238 | 2020 | 0.16 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
IMG_4355
IMG_3508
IMG_3510
Building Photo