For Sale
$6,226,900
951 900 Salt Lake City, UT 84105
7-Unit QSR/Restaurant Investment. 5% Cap Rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Rare, 7,180 SF, two-story multi-tenant retail building in Salt Lake City's 9th & 9th district.
- Prime location with convenient access to I-15/80 freeways, public transportation, and City Creek Center.
- Strong demographics: growing population and high average household income within a 5-mile radius.
- 100% occupancy across seven units, generating a $311,345 NOI and a 5.00% cap rate.
- Located near TRAX light rail and numerous amenities including Trolley Square, Smith's Marketplace, Whole Foods, Harmons, and Trader Joe's.
Property Details for 951 900
- Property type
- Retail properties, Restaurants
- Square Feet
- 7,180 SF
- Class
- A
- Year Built
- 2023
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 7
Location Insight
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.7498644005
- Longitude
- -111.86389832312
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 7-Unit QSR/Restaurant Investment. 5% Cap Rate.
- Where is the retail property located?
- The property is located at 951 900 Salt Lake City, UT.
- What is the asking price?
- The asking price for this property is $6,226,900.
- What are key features of this property?
- This property features: Rare, 7,180 SF, two-story multi-tenant retail building in Salt Lake City's 9th & 9th district.; Prime location with convenient access to I-15/80 freeways, public transportation, and City Creek Center.; Strong demographics: growing population and high average household income within a 5-mile radius.
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