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1930 5600Roy, UT 84067

High-Occupancy Retail Center in Roy, UT

Overview

Added:
Dec 11, 2024
Days on market:
115
Roy Crossing, located at 1930 W 5600 S in Roy, Utah (zip code 84067), presents a compelling value-add investment opportunity. This Class C shopping center encompasses 39,836 square feet of net rentable space, currently boasting a 96% occupancy rate across its nine retail units. The property sits on a 3.73-acre lot and underwent renovations in 2021. The current Net Operating Income (NOI) stands at $440,607, with a pro-forma NOI projected at $499,000, indicating significant upside potential. The center operates under a Triple Net (NNN) lease structure, a common and attractive arrangement for investors. Its multi-tenancy provides diversification and resilience, contributing to the strong occupancy and income stream. Situated in Weber County, Utah, this shopping center benefits from a prime location within the thriving Roy market. The property's strong performance and renovation history make it an attractive investment for those seeking a stable, income-generating asset with potential for further growth. The property's location offers excellent visibility and accessibility, further enhancing its appeal to both tenants and investors. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a desirable location.

Highlights

  • Retail shopping center totaling 39,836 square feet.
  • Located in Roy, Utah, at 1930 W 5600 S, 84067.
  • Class C property with a multi-tenant occupancy of 96%.
  • NNN lease structure.
  • Current NOI of $440,607, with a pro-forma NOI of $499,000.
  • Nine (9) units on a 3.73-acre lot.

Property Details for 1930 5600

Property type
Lifestyle centers, Power centers
Square Feet
39,836 SF
Class
C
Year Renovated
2021
Lot Size (sq. ft)
162,479 SF
Units
9

Location Insight

City
Roy
County
Weber
State
Utah
Latitude
41.1623153
Longitude
-112.0268478
1930 5600, Roy, Utah

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1930 5600
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