For Sale
$6,909,916

4182 13400Riverton, UT 84096

High-yield, 6-tenant retail center

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A, 9,500 square foot retail property in Riverton, UT, boasts a strong tenant mix with 100% occupancy commencing January 1, 2025. Located at 4182 13400 S, 84096, this single-story building sits on a 1.25-acre lot and offers ample parking (9.2 spaces per 1,000 sq ft), providing convenient access for customers. The property benefits from high visibility, attracting over 31,000 cars daily. All six tenants are under 10-year triple net (NNN) leases with built-in 3% annual rent increases, ensuring consistent income growth and ease of management. The property's strong NOI of $414,595 and a 6.00% cap rate, coupled with its prime location in a rapidly growing area of Salt Lake County with a high median household income ($122,839 within a 3-mile radius), makes this a compelling investment opportunity. The asking price is $6,909,916 ($727.36/sq ft). Zoned C, this property is ideally suited for long-term investment and stable returns. Further lease details are available upon request.

Highlights

  • 9,500 SF Class A retail property in Riverton, UT, 100% occupied starting January 1, 2025.
  • Located at 4182 13400 S, Riverton, UT 84096, on a 1.25-acre lot with ample parking (9.2 spaces/1,000 SF).
  • High visibility location with over 31,000 cars passing daily.
  • Six tenants under 10-year NNN leases with 3% annual rent increases.
  • Strong NOI of $414,595 and a 6.00% cap rate; asking price $6,909,916 ($727.36/SF).
  • Located in a high-income area of Salt Lake County ($122,839 median household income within 3 miles).

Property Details for 4182 13400

Property type
Retail properties
Square Feet
9,500 SF
Class
A
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
54,450 SF

Location Insight

City
Riverton
County
Salt Lake
State
Utah
Latitude
40.507930314073
Longitude
-111.98916747201
4182 13400, Riverton, Utah

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4182 13400
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