Salt Lake City Neighborhoods

Salt Lake City Retail Space for Rent

Salt Lake City

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Renting Retail Space in Salt Lake City

Retail and storefront spaces are essential to Salt Lake City’s growing consumer economy. As the city continues to develop as a regional retail hub, businesses are strategically positioning themselves to capitalize on high consumer traffic and community engagement. Lease terms favor medium to long-term commitments, with 3-5 year leases (29.2%) and 5+ year leases (19.2%) being the most popular. High-traffic areas like the Downtown district and suburban commercial centers such as Sandy and Murray attract retail businesses seeking visibility and consistent customer access. Additionally, emerging neighborhoods with increasing foot traffic and residential development are becoming attractive options for new retail ventures. As retail patterns evolve, businesses are prioritizing locations that balance foot traffic with long-term lease stability, particularly in areas poised for demographic growth and urban revitalization.

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Popular Retail Space in the Salt Lake City Market

Suite Rates in Salt Lake City

Suite Sizes in Salt Lake City

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
Airport Area 1,500 $1.75 / SF < 30
Cottonwood Heights - - < 30
Davis County 1,900 $1.31 / SF < 30
Downtown 2,400 $2.30 / SF 56
Draper/Lehi "Silicon Slopes" 1,300 $3.17 / SF < 30
Foothill/University - - < 30
Murray / Midvale 1,800 $1.39 / SF < 30
Ogden 1,200 $1.57 / SF < 30
Old Bingham Highway 2,200 $2.08 / SF < 30
Park City - - < 30
Provo 8,200 $1.64 / SF < 30
Sandy City 1,300 $3.08 / SF < 30
Sugar House 9,600 - < 30
West Valley 1,500 $1.94 / SF < 30
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.