For Sale
$13,268,374

3601 2700West Valley City, UT 84119

High-yield retail portfolio in Utah.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents three retail buildings totaling 23,058 square feet, situated on three outparcel pads at the prominent Valley Fair Mall in West Valley City, Utah. The property features a diverse tenancy including Bank of America and Olive Garden, operating under a triple-net (NNN) lease structure. Built between 2005 and 2009, these single-story buildings offer a strong, multi-tenant income stream with a current Net Operating Income (NOI) of $699,114 and a compelling 5.27% capitalization rate. The asking price is $13,268,374, translating to a price per square foot of $575.43. The property benefits from a high-visibility location within a major commercial district, offering excellent accessibility and exposure. Located in Utah's second-largest city, and near West Valley City's new downtown area, this investment boasts attractive demographics and a prime location within a premier retail, residential, and entertainment hub. The property is situated on a ground lease. This is an ideal acquisition for individual investors or portfolio expansion, capitalizing on the #1 ranked economy in the nation. The property consists of three buildings, two multi-tenant and one single-tenant.

Highlights

  • Portfolio or individual acquisition opportunity.
  • Excellent retail, residential, and entertainment location.
  • Prime West Valley City, near the new downtown.
  • Located in Utah's second-largest city.
  • High-visibility, easily accessible site.
  • Desirable drive-thru location.

Property Details for 3601 2700

Property type
Lifestyle centers, Power centers
Square Feet
23,058 SF
Buildings
3
Stories
1

Location Insight

City
West Valley City
County
Salt Lake
State
Utah
Latitude
40.694169
Longitude
-111.9576055
3601 2700, West Valley City, Utah

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3601 2700
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