1378 S 1100 E
3,900 SF Retail Building Salt Lake City, UT 84105 $1,900,000 ($487/SF) 6.66% Cap Rate
INVESTMENT HIGHLIGHTS
- walkable neighborhood
- high-end finish
- new roof
EXECUTIVE SUMMARY
Newly renovated "toes to noes" 1924 building. Single tenant NNN lease with a multiple location reflexology operator. Located in Sugarhouse in one of the best neighborhood retail districts in Salt Lake City.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Building Size
3,900 SF
Building Class
C
Year Built/Renovated
1924/2024
Price
$1,900,000
Price Per SF
$487
Cap Rate
6.66%
NOI
$126,568
Tenancy
Single
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.15 AC
Zoning
RB - Residential Business
Parking
8 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-17-204-020-0000 | Improvements Assessment | $16,000 |
| Land Assessment | $424,400 | Total Assessment | $440,400 |
