Smith's Avenues Retail — Lease in Salt Lake City, UT
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Salt Lake City, UT 84103
Photos
Description
Smith's Anchored Retail Suites For Lease
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
- Brian Anderson · 801 869 8038 · cbrian.anderson@cbre.com
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