On Regent - Sublease — Lease in Salt Lake City, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Salt Lake City, UT 84111

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Description

Retail | For Sublease: 1,568 SF -Shell Space, ready for buildout-TI's Available-Located in the heart of Salt Lake City Central Business-Adjacent to City Creek Center and Eccles Theatre, and close proximity to Salt Palace Convention

Market Context

This retail in Salt Lake City, UT is listed for lease. Compare it against other retail listings for lease 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 space leases 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).

Estimated Market Rate

$1.58/SF/mo – $2.22/SF/mo

Mid: $1.89/SF/mo

Contact

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