State Street Pad Sites — Lease in South Salt Lake, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: South Salt Lake, UT 84115

Photos

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Description

FULL ADDRESS: 3666 South State Street, South Salt Lake, UT 84115

Market Context

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

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