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370 S. 300 E
Salt Lake City, UT 84111
Asking Price
$6.20M
Cap Rate
3%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 3.00% CAP | 21,328 SqFt <ul><li>Originally constructed in 1893 and thoughtfully renovated in 2007, Church & State is one of downtown Salt Lake City's most iconic and irreplaceable assets. Its historic brick construction, soaring ceilings, and distinctive architecture cannot be replicated by new development at any price.</li><li>The property operates as a curated, multi-tenant marketplace featuring local artisans, wellness practitioners, food and beverage operators, and independent retailers — a format that continues
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NOI
$80,000
Cap Rate
1.29%
DSCR
0.22
Underwater
Cash-on-Cash
-15.49%
Monthly Payment
$30,674.217
Annual Cash Flow
$-288,090.606
