Salt Lake City, Utah, is a hub for business and tourism, with a strong economy and a growing population of around 200,000 people. The city's unique blend of outdoor recreation, cultural attractions, and industrial banking center makes it an attractive location for restaurants, with a diverse range of cuisines and dining experiences. With 16 restaurants for lease in Salt Lake City, entrepreneurs and investors have a wide range of options to choose from. The city's infrastructure, including Rocky Mountain Power, Dominion Energy, and the TRAX transportation system, provides a solid foundation for businesses to thrive. Additionally, the city's proximity to major attractions like Temple Square, the Utah State Capitol Building, and the Olympic Cauldron Park at Rice-Eccles Stadium makes it an ideal location for restaurants looking to capitalize on tourist traffic.
Restaurants in Salt Lake City benefit from the city's diverse economy, which includes major sectors like government, trade, transportation, utilities, and health services. The city is also home to a range of educational institutions, including the University of Utah, Westminster College, and Salt Lake Community College, providing a steady stream of customers. With average annual rent per square foot of $27 USD and average space size of 3,423 square feet, restaurants in Salt Lake City have a range of options to suit their needs. In addition to restaurants, Salt Lake City also offers a range of other commercial properties, including retail space, commercial real estate, and flex space, each with its own unique characteristics and opportunities. For example, retail space in Salt Lake City is ideal for businesses looking to capitalize on foot traffic, while commercial real estate provides a range of options for businesses looking to establish a presence in the city. Flex space, on the other hand, offers a flexible and adaptable option for businesses looking to grow and evolve. With so many options available, Salt Lake City is an attractive location for businesses of all types.
How are restaurant leases typically structured?
In Salt Lake City, restaurant leases are typically structured with an average annual rent of $27 USD per square foot, with spaces ranging from 3,423 square feet to 10,000 square feet. With 16 available listings, restaurateurs can find a lease that fits their business needs, whether it's a cozy spot in the Avenues or a larger space in Sugar House.
What kitchen equipment is usually included in restaurant leases?
When exploring the 16 available restaurant leases in Salt Lake City, you'll often find that kitchen equipment is included in the lease agreement. Typically, this equipment includes commercial-grade appliances such as ovens, refrigerators, and dishwashers, as well as smaller items like utensils, pots, and pans, which can vary depending on the specific restaurant's needs and the landlord's provisions.
