Porsche Downtown — Lease in Salt Lake City, UT
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Salt Lake City, UT 84111
Photos



Description
Retail | For Sublease: 15,956 SF High end auto dealership for leaseExtended direct lease available after sublease term expires Key Facts William Riedel Associate Salt Lake City - Millrock License #: 13911643-SA00 +1 801 441 5918 Call Now +1 801 441 5918 (801) 652-1105 Call Mobile (801) 652-1105 License #: 13911643-SA00
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
- William Riedel · +1 801 441 5918
- Broker 2 · (801) 652-1105
Explore this market
Similar Retail Business for Lease in Salt Lake City, UT
- Sugar House Center — Contact for price · Salt Lake City, UT
- 1500 Foothill Dr — Contact for price · Salt Lake City, UT
- 1500 Foothill Dr — Contact for price · Salt Lake City, UT
- Sugar House Center — Contact for price · Salt Lake City, UT
- On Regent - Sublease — Contact for price · Salt Lake City, UT
- Smith's Rose Park Retail — Contact for price · Salt Lake City, UT