231 S Edison St

Nestled in the vibrant heart of Salt Lake City, this prime investment opportunity offers proximity to a host of noteworthy attractions and amenities. Nearby, the historic Salt Palace Convention Center draws a constant flow of business visitors, while City Creek Center caters to upscale shopping and dining experiences. As the gateway to Utah's renowned outdoor recreation, the area offers easy access to the picturesque trails of the Wasatch Mountains and the tranquil shores of the Great Salt Lake. With its strategic location amid thriving commerce and natural splendor, the property presents a compelling opportunity for office and office building investors seeking to capitalize on the dynamic appeal of this sought-after locale.Introducing a prime investment opportunity in the heart of downtown Salt Lake City! Nestled at 231-233 S Edison Street, this street retail property is part of the prestigious Warhol Lofts building, offering a seamless blend of commercial vibrancy and luxury living. Boasting a solid NNN lease, this property is a lucrative investment, generating $173,376.00 annually with 3% annual increases. The lease extends until November 30th, 2033, with the added benefit of four 5-year options to renew, ensuring long-term stability and profitability. Currently occupied by the esteemed Franklin Avenue Cocktails & Kitchen, known for its high-end cuisine and crafted cocktails, the tenant's guarantor brings a wealth of experience, owning multiple successful restaurants in downtown Salt Lake City.