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215-219 S Edison St
1,000 - 4,200 SF of Retail Space Available in Salt Lake City, UT 84111
Highlights
- Heavy Daytime Foot Traffic
- Open Plan, Exposed Brick
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-4,200 SF | Negotiable | $41.87 CAD/SF/YR $3.49 CAD/SF/MO $175,846 CAD/YR $14,654 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
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 FOR 215-219 S Edison St , Salt Lake City, UT 84111
| Min. Divisible | 1,000 SF | Gross Leasable Area | 4,200 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2020 |
| Property Subtype | Storefront |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,200 SF |
| Year Built/Renovated | 1960/2020 |
About the Property
Welcome to the heart of downtown, where opportunity meets potential. Edison Street Suites is the newest available commercial property situated in the most vibrant and sought-after location, poised to become the epicenter of the city's thriving community. Located on the new and updated Edison Street the corridor between 200 S and 300 S Broadway block, home of new Retail, Restaurants and Nightlife. Unit 219 will be delivered as gray shell and built to suite tenant. Key Features: Prime Location: Nestled in the bustling downtown area, this property benefits from high foot traffic and excellent visibility, ensuring maximum exposure for your business. Over 500 new Residential units will be coming online in the next 6 months less than 1 block away. The states latest investment in their luxury 2 story State Liquor Store is sure to draw high exposure from all areas located just 200 yards away. Versatile Space: Boasting expansive floor space, this property offers endless possibilities for customization to suit your dream business needs. Whether you're looking to establish a trendy café, boutique retail store, or innovative coworking, collective space, this property provides the canvas for your vision. Growing Community: With hundreds of new residents expected to move into the vicinity in the near future, seize the opportunity to tap into a burgeoning market hungry for new experiences and services. Modern Amenities: Equipped with modern amenities and infrastructure, and ample parking facilities, this property ensures seamless operations for your business. Dynamic Surroundings: Surround yourself with a dynamic mix of businesses, entertainment venues, and cultural attractions, fostering a vibrant and energetic atmosphere that draws in visitors and locals alike. Take advantage of the traffic generated by major brands such as: Copper Common, Beer Bar & Bar X, Fice, Taqueria 27, Gallenson's, Laziz Kitchen, The People's Coffee Investment Potential: As downtown continues to evolve and thrive, investing in this commercial property presents a lucrative opportunity for long-term growth and success. Don't miss out on this rare chance to secure your place in the heart of downtown's exciting future. Contact us today to schedule a viewing and unlock the potential of this exceptional commercial property. Property sits as 3651 Sq ft of ground level along with with 600+ sq ft on Mezzanine area. Property is split currently into 4 units. All units connect to each other and can be expanded or closed off as such. Flipped from Mixed use/residential, this prime property is looking for a refresh to become the next community anchor as well as cater to the 500+ new residents within the block. Must See Property with unlimited potential.
Nearby Major Retailers
Presented by
The Perry Group
215-219 S Edison St
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