cucina toscana - loopnet...overall, this space has high-end retail restaurant finishes. interior...

CUCINA TOSCANA282 SOUTH 300 WESTSALT LAKE CITY, UTAH 84101QUIETLY MARKETEDSALE PRICE: $4,500,000

AUTHENTIC. CONNECTED. VISIONARY.The future of Salt Lake City can be found in one of its most historic buildings on 300 West. Featuring modern updates and historic charm, the Cucina Toscana Building is the marriage between the entrepreneurship of the past and the innovation of the future.

• 16,276 SF of Retail Space Available• Ideal for Restaurants, Boutiques,

Shared Workspace, Bar or Speak Easy

• Frontage on 300 West and 300 South

• 19,000 Cars/Day on 300 West• Full Liquor License Included in Sale• 22 Parking Stalls• Rare Opportunity Available

(FF&E Included: 3 Commercial Kitchens Available – Can be Subdivided into 3 Restaurants

• Zoning: D-3 (Downtown Warehouse/Residential District). Permitted uses within the D-1 zone include, but are not limited to, art gallery, bed and breakfast, day care, multifamily, lofts, financial institutions, hotel/motel, mixed-use development, office, parking, restaurant, and retail uses.

PROPERTY INFORMATION

Eleven years ago, Cucina Toscana was transformed into a facility you would expect to find in the Architectural Digest. Featuring an open show kitchen, soft lighting, upholstered seating and an intimate atmosphere. Cucina Restaurant Group has become the trendsetter of progressive, exquisite and acclaimed culinary arts in Salt Lake City.

ATMOSPHERE

FLOOR PLAN

EXTERIOR WALLS Reinforced concrete with brick and decorative concrete facades

EXTERIOR DOORS AND WINDOWS Storefront glass in painted metal and aluminum frames

STRUCTURE Footings and foundation are reinforced concrete over spread footings

ROOF Tar/Gravel system

HVAC Roof-mounted combination unites with forced air

ENTRANCES Two (2) primary entrance; one along 300 West and another at the North end of the building

INTERIOR DOORS Mixture of metal and decorative stained wood with glass panels

ELEVATOR One (1) north end elevator that provides access to the residences above

RESTROOMS Three (3) sets of restrooms; Primary public restrooms are located at the north end of the building. Another set located just off the banquet area. Lastly, there is a set at the south end of the building.

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SALT LAKE CITY INTERNATIONAL AIRPORT

21 MINUTES TRAX6 MINUTE DRIVE

PROVO64 MINUTES

OGDEN59 MINUTES

SALT LAKE CENTRAL STATION

TRANSFER FROM FRONTRUNNER TO TRAX

DOWNTOWN

VIVINTSMART HOME

AREANASALT

PALACE

CITY CREEK CENTER

TEMPLE SQUARE

COURT HOUSE

FEDERAL COURT HOUSE

CITY & COUNTY

BUILDING

LITTLE AMERICA

HOTEL

GRAND AMERICA

HOTEL

800 South

400

Wes

t

500

Wes

t900

Wes

t

800

Wes

t

300

Wes

t

200

Wes

t

Wes

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ple

MAI

N ST

REET

STAT

E ST

REET

200

East

900 South

700 South

600 South

500 South

400 South

300 South

200 South

100 South

South Temple

North Temple

Pioneer Park

15 80 84215

15 80 84215

15 80 84215

Vehicular EgressVehicular Ingress

UTA TRAX (Light Rail)

UTA FrontRunner (Commuter Rail)

UTA Bus StopDowntown

DRIVE TIMESSalt Lake City International Airport – 6 minutesUniversity of Utah – 7 minutesSalt Lake Community College South City Campus – 6 minutesBountiful – 12 minutesSandy – 20 minutesLehi – 28 minutesFarmington – 16 minutesSouth Jordan – 18 minutesPark City – 35 minutesUtah Valley University / Orem – 35 minutesBrigham Young University / Provo – 40 minutesWeber State University / Ogden – 35 minutes

TRAX TIMESCity Center – 6 minutesBallpark – 16 minutesFashion Place West – 31 minutesDraper Town Center – 48 minutesAirport – 21 minutesUniversity Medical Center – 38 minutes

FRONTRUNNER TIMESOgden – 59 minutesProvo – 64 minutes

EXTRAORDINARY LOCATION

CUCINA TOSCANA BUILDING

S A LT L A K E C I T Y

COURT HOUSE

FEDERAL COURT HOUSE

CITY & COUNTY

BUILDING

LITTLE AMERICA

HOTEL

GRAND AMERICA

HOTEL

400

Wes

t

500

Wes

t

300

Wes

t

200

Wes

t

Wes

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ple

Mai

n St

reet

Stat

e St

reet

200

East

700 South

400 South

200 South

South Temple

North Temple

Pioneer Park

15 80 84215

500 South

600 South

TEMPLESQUARE9

1011

12

13

14

15

16

8

1

23

4

56

7



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D

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NEARBY AMENITIES

NEARBY RETAIL

1. The Gateway – 2 Million Visitors2. Fidelity Investments – 2,200 On-Site Employees3. The Depot – 80,000 Visitors4. Discovery Gateway Children’s Museum – 273,000 Visitors5. Clark Planetarium – 345,000 Visitors6. Megaplex Theatres – 12 Screens7. Wiseguys Comedy Club – 500,000 Visitors8. Vivint Smart Home Arena – 1.4 Million Visitors9. Temple Square – 5 Million Visitors10. Abravanel Hall – 160,000 Visitors11. Utah Museum of Contemporary Art – 65,000 Visitors12. Salt Palace Convention Center – 233,000 Visitors13. Capitol Theatre – 166,000 Visitors14. Eccles Theater – 73,000 Visitors15. Goldman Sachs – 2nd Largest Global Office16. Rose Wagner Performing Arts Center – 72,000 Visitors

A. The Gateway – Dave & Busters, Costa Vida, Bout Time Pub & Grub, Skinny Fats, Midici, Chedda Burger

B. Courtyard Marriott, Hyatt House, Cover Edge, Vosen’sC. Chile Tepin, Uptown Cheapskate, Finca, La Barba,

Pallet, The Rose, Crossroads Guitar Shop, MJSA, Craft Lake City, Tony Caputo’s, Bingham Cyclery

D. City Creek Center – Macy’s, Nordstrom, The Cheesecake Factory, The Gym at City Creek, Texas de Brazil, Sephora, Roxberry, Restoration Hardware, H&M, Microsoft, Apple, Gap, Downeast

E. Holiday Inn Express, Christopher’s, Pierpont Place, Lumpy’s, Zest, P.F. Changs, Peery Hotel

F. AC Hotels, Poplar Street Pub, Red Rock Brewery, Setebello, Buca di Beppo, Capo

G. Residence Inn, Phillips 66

CUCINA TOSCANA

300 South

Pierpont Avenue

300

Wes

t19

,000

cas

r/day

PARKING STRUCTURE



track lights. Interior ceiling height on the mail level approximates 12 feet. The building is broken out into two separate restaurants each having multiple stoves, hoods, vents, refrigerators, food chillers and heaters, brick ovens, wash basins, etc. Overall, this space has high-end retail restaurant finishes.

Interior finishes include sealed concrete and commercial carpet floors, painted gypsum walls. Ceilings are a mixture of painted concrete, and an antique stamped aluminum tile with exposed, painted ducts and some drop ceilings. Interior lighting is provided via recessed canned lights, track lights, drop halogen, drop chandeliers, wall sconces, and

PROPERTY INTERIORS

CONFERENCE CENTER

Home of the twice-yearly general conferences of The Church of Jesus Christ of

Latter-day Saints and other church and civic events.

UNIVERSITY OF UTAH

Public research university with over 31,000 students and 20,000 employees. Established in 1850 by

Brigham Young.

TEMPLE SQUARE

35 Acre complex owned by The Church of Jesus Christ

of Latter-day Saints, includes the Salt Lake Temple, Salt Lake Tabernacle, Salt Lake

Assembly Hall, and two visitor’s centers.

MILAGRO APARTMENTSRecently completed, 182 unit

apartment complex

PIERPONT APARTMENTSUnder construction building

with 87 residential units and 124 parking stalls, 28

of which will be reserved for the commercial property to

the south

BROADWAYAlso known as 300 South,

Broadway was rebuilt in 2014 with protected bike

lanes, center median islands, pedestrian crossings, local artwork, artistic bike racks,

planters, and colored pavements.

PIONEER PARK

A nearly $1 million upgrade has been approved for the park which will include a

multi-purpose field in the center.

300 WESTUDOT maintained highway

with three lanes in each direction, a center turn lane, and parallel parking on either

side. The speed limit is 30 MPH and 19,000 vehicles pass by the site each day.

HOLY TRINITY CATHEDRALGreek Orthodox Church

built in 1924 and includes the Hellenic Cultural Museum on

the lower level.

SALT PALACE515 SF of contiguous exhibit

hall space, divisible into 9 halls164,000 square feet of

meeting space45,000 SF ballroom

1,000 underground parking stalls

UTAH STATE CAPITOL

Completed in 1916 using Utah granite from Little Cottonwood Canyon and

renovated in 2004 to be able to withstand a 7.3 magnitude

earthquake

DOWNTOWN SALT LAKE

CITYMore than 16 million office

and retail square feet and more than 75,000 employees





300

Sout

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400 South

500 South

600 South

300 West

400 West

15 80 84215

15 80 84215

400 SOUTH INTERCHANGEHOV only for northbound exit/

southbound entranceand full access for northbound

entrance/southbound exit

500 SOUTH INTERCHANGE

One way entrance to southbound I-15 and

westbound I-80

600 SOUTH INTERCHANGEOne way exit from northbound

I-15 and eastbound I-80

ONE WAY

ONE WAY

ONE WAY

ONE WAY

MAY 26, 1926Firestone Tire & Rubber Company BuildingBuilt in 1925 (Scott & Welch, SLC)The Firestone Tire & Rubber Company constructed this building in 1925 as automobiles became a regular feature of Salt Lake City life. Firestone leased the eastern one-story section of the building to a service station. The company used the western two-story section as a warehouse, repair shop, and retail outlet for its tires. The building was rehabilitated in 1998 to house condos on the second floor and commercial space on the first floor.The Salt Lake architectural firm of Scott & Welch designed the Firestone Tire & Rubber Company Building.Their design successfully incorporates modest classical details, such as the pilasters topped by Tuscan capitals dividing the bays, into this simple, industrial structure. Other well-known works of Scott & Welch include South High School and the Masonic Temple in Salt Lake City, and the company town of Copperton near the Kennecott Copper Mine.

HISTORY

TEMPLE SQUARECAPITOL THEATRE

VIVINT SMART HOME ARENA

ECCLES THEATER

CITY CREEK CENTER

SALT PALACE

THE GATEWAY

MAIN STREET

WHY SALT LAKE CITY?

#1 BEST PLACE TO LIVE

#15 CITY WHERE MILLENIALS ARE MOVING

#3 TOP CITY WHERE EMPLOYEES ARE THE HAPPIEST

#3 BEST CITY FOR YOUNG PROFESSIONALS

#1 CITY WITH AMAZING JOB OPPORTUNITIES RIGHT NOW

#6 PLACES WHERE RETIREMENT IS AFFORDABLE, HEALTHCARE IS EXCELLENT, AND LIFE IS GOOD

#1 CITY FOR MILLENIAL HOME BUYERS

#1 CITY POISED TO BECOME TOMORROW’S TECH MECCA

#10 FASTEST GROWING CITY

#3 REAL ESTATE MARKET TO WATCH

ABOUT NEWMARK GRUBB ACRES

ABOUT MOUNTAIN WEST COMMERCIAL

Newmark Grubb ACRES has focused the last twenty years on assisting thousands of clients with their relocation, expansion and investment needs. We pride ourselves on providing best in class service and building a strong relationship with each client we represent. Supported by the robust national platform and global reach of Newmark Knight Frank, Newmark Grubb ACRES is able to support all of your commercial real estate requirements and represent you as an owner/landlord, buyer or tenant, with every aspect of property acquisition and disposition, leasing/subleasing and site selection. To assist you in making informed decisions, we also provide comprehensive market information compiled from more than 350 affiliated offices worldwide. We have the ability to perform a full spectrum of services including property management, leasing services and investment sales. Newmark Grubb ACRES has over 80 agents and brokers located in Salt Lake, Utah, Davis and Cache Counties, along with a support staff of 80 administrative personnel working out of the Salt Lake City office. As you’ll discover when you meet our professionals, engaging Newmark Grubb ACRES is an easy, personal experience. We take the time to get to know each client in depth; understand your strategy, requirements and financial objectives; learn the details of the property or portfolio; and measure the dynamics of the marketplace.At Newmark Grubb ACRES, we rely on our tireless market research to ensure we are providing the most up-to-date and accurate market information available. Our brokerage professionals work hard to ensure that they are experts in the market, capable of answering any questions our clients have and giving valuable feedback, ensuring they will be well informed when it comes to making important real estate decisions for their company. Using our customized in-house database we are able to track real time comparable transactions and availables in this very active market and provide them to our clients to find the best possible fit for their specific needs.

Mountain West Commercial is a dominant regional brokerage with offices in Salt lake City, Utah; Las Vegas, Nevada; and Billings, Montana offering landlord and tenant representation, investment brokerage, property management, investment management, redevelopment and consulting services.We offer our clients a tremendous depth of experience, extensive industry relationships, detailed market knowledge and proven asset enhancement capabilities in our commitment to provide the highest standard of commercial real estate servicesTotal Transactions - 2,751Total Transactions - $3.095 BILLIONTenant Assignments - 395 unique tenants participating in 729 transactionsSpace Leased - 9.976 Million SFInvestment Transactions - $1.35 BILLIONOur firm proudly provides real estate investment and strategic asset services to major pension fund advisors, national developers, and institutional and private investors. Several of our Salt lake City landlord associations include Woodbury Corporation, Wadsworth Development, PRICE, Wright Development, Gardner Company, Kornwasser Shopping Center Properties, Boyer Group, Liljenquist Properties, Northstar, Dakota Pacific, Midtown National Group and The Kroenke Group.Locally we afford site selection and property disposition services for prominent national retailers such as Burlington, Natural Grocers, Skechers, WinCo Foods, Verizon, MedSpring Urgent Care, The Vitamin Shoppe and Superior TireOur active involvement in site selection, acquisitions, dispositions and consulting has propelled the firm to enjoying a reputation for being one of the foremost retail, restaurant brokerage and consulting companies in the mountain west. Our affiliation with the prestigious ICSC, CCIM, and national networking groups affords our clients with the opportunity to benefit from the company’s talent, expertise and professionalism. We maintain the most current computerized databases, subscribe to all pertinent trade journals and utilize state of the art technology including computerized mapping, custom demographics as well as digital photography.Our goal is to exceed all of our client’s expectations by identifying and creatively providing solutions to a wide array of complex real estate challenges in a timely manner utilizing our vast pool of resources, relationships and seasoned expertise.

FOR MORE INFORMATION CONTACT:

SKYLER S. PETERSONoffice: [email protected]

JADEN MALANoffice: [email protected]

MICHELLE DOONG, CCIM, MREDoffice: [email protected]

TRACY DOONG, CCIMoffice: [email protected]

This document has been prepared by Newmark Grubb ACRES for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Grubb ACRES accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein.

376 East 400 South, Suite 120Salt Lake City, Utah 84111801.578.5555www.ngacres.com

136 East South Temple, Suite 805Salt Lake City, Utah 84111801.456.8800www.mtnwest.com

cucina toscana - loopnet...overall, this space has high-end retail restaurant finishes. interior...

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