For Lease
$32/SF/YR

7444 Union Park AveMidvale, UT 84047

Freestanding Retail, 4,300 SF, Salt Lake City

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,300-square-foot freestanding retail building is ideally situated on Union Park Avenue in Salt Lake City's Midvale | Fort Union submarket. Boasting a single-tenant occupancy, this property presents a unique investment opportunity for sale or lease. The building sits on a 0.23-acre lot, providing ample space and visibility. Conveniently located near the intersection of Union Park Avenue and 7400 South / 1300 East, this property benefits from high traffic counts, with a reported 33,643 average daily traffic on Union Park Avenue. The property includes eight parking stalls for customer and employee convenience. The building is zoned C, allowing for a variety of retail uses. The property features a single story and no elevators. The asking price for the sale of this property is $1,900,000. For lease, the rate is $32 per square foot, NNN. The property's APN is 22-29-005-0000, and it is located in Salt Lake County. This is a quietly marketed opportunity; please do not disturb the tenant. This prime location and strong traffic counts make this a highly desirable retail space. The property's single-tenant occupancy ensures a stable income stream for investors. Don't miss this chance to acquire a valuable asset in a thriving Salt Lake City market.

Highlights

  • 4,300 SF freestanding retail building for sale or lease.
  • Located on Union Park Avenue in the Midvale | Fort Union submarket of Salt Lake County.
  • Property features 8 parking stalls and sits on a 0.23-acre lot.
  • Asking price: $1,900,000; Lease rate: $32/SF NNN.
  • Currently 100% occupied; do not disturb tenant.
  • Zoned C; APN: 22-29-005-0000; Cross streets: 7400 South / 1300 East.

Property Details for 7444 Union Park Ave

Property type
Retail properties, Freestanding property
RSF (Rentable sq. ft)
4,300 SF
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
4,300 SF
Rate per SF
$32

Location Insight

City
Midvale
County
Salt Lake
State
Utah
Latitude
40.616263032167
Longitude
-111.85905076382
7444 Union Park Ave, Midvale, Utah

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7444 Union Park Ave
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