1098 W South Jordan Pky

7,368 SF Retail Condo Unit Offered at $1,875,000 in South Jordan, UT 84095

Executive Summary

The property offers an excellent investment opportunity due to its high traffic on South Jordan Parkway and proximity to Redwood Road, ensuring steady customer flow and visibility.

Property Facts

Price $1,875,000
Unit Size 7,368 SF
No. Units 1
Total Building Size 21,690 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment or Owner User
Building Class B
Floors 2
Typical Floor Size 2,965 SF
Year Built 2007
Lot Size 3.31 AC

1 Unit Available

Unit 103-105

Unit Size 7,368 SF
Price $1,875,000
Price Per SF $254.48
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 4.60%
NOI $86,250
Sale Notes

Invest in two triple net leases at The Peaks South Jordan retail plaza. This prime location features three leased units occupied by strong tenants, each with a year remaining on their lease. The triple net lease structure provides minimal landlord responsibilities, making it a hassle-free addition to any investment portfolio.

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
  • Monument Signage

Nearby Major Retailers

Starbucks
Title Boxing Club
Life Time Fitness
Beans & Brews Coffee House
Cafe Zupas
Umpqua Bank
Ilovekickboxing
Cafe Rio
Burn Boot Camp
Natural Grocers

zoning

Zoning Code C-C (Community Commercial)
  • Listing ID: 33870004

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 1098 W South Jordan Pky, South Jordan, UT 84095