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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 652 | 2,460 SF | 11’ - 12’ | Negotiable | $27.96 /SF/YR $2.33 /SF/MO $68,782 /YR $5,732 /MO | Triple Net (NNN) |
1st Floor, Ste 652
- Lease rate does not include utilities, property expenses or building services
- Fits 7 - 20 People
- Finished Ceilings: 11’ - 12’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,460 SF | Gross Leasable Area | 2,460 SF |
| Property Type | Retail | Year Built/Renovated | 1956/2022 |
| Property Subtype | Storefront | Parking Ratio | 5.69/1,000 SF |
| Total Space Available | 2,460 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,460 SF |
| Year Built/Renovated | 1956/2022 |
| Parking Ratio | 5.69/1,000 SF |
ABOUT THE PROPERTY
Enjoy the convenience and excitement of working in downtown Salt Lake City in your own free-standing building with great street front and visibility on high-traffic West Temple. Building has its own private off-street parking and is within a short walk of two TRAX stations. This beautifully renovated, light-filled and open flex space is all new from the studs out. The space offers high-end terazzo flooring, LED lights with Lutron "scene system", two ADA restrooms, break room with sink, granite counters, refrigerator, new roof and HVAC system throughout. *Do Not Disturb Current Tenant (652 South West Temple) 2,460 SF 1,794 SF of showroom/office space Attractive exposed wood ceiling (11’-12’ Clear) HVAC throughout the space Large glass storefront providing abundant natural light Very light and open main room (46'x39') with 4 skylights and east facing glass frontage on high traffic West Temple Private Parking behind the building has been updated with fresh concrete and new striping (12 tandem spaces) Freeway access within less than one minute of the site Rate is $2.33 psf, NNN with a $.30 psf CAM
NEARBY MAJOR RETAILERS
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652 S West Temple
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