Highland Dr — Sale in Salt Lake City, UT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Salt Lake City, UT

Market Context

This retail in Salt Lake City, UT is listed for sale. Compare it against other retail listings for sale in Salt Lake City, UT — view the full market.

As of Q1 2026, the Salt Lake City retail market showed a 4.1% vacancy rate, average asking rents near $22.61/SF/yr, rents up 0.7% year over year, and cap rates around 6.5%. Source: Marcus & Millichap Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Salt Lake City?
About 6.5% as of Q1 2026, per Marcus & Millichap.
Is the Salt Lake City retail market tightening or softening?
Vacancy is around 4.1%, with asking rents rising year over year (Q1 2026).

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