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$ 1,800,000
Est. payment /mo
New
12270 S 700 E Draper, UT 84020
0.57 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Draperville
MLS Listing ID 2164090
Construction Status Blt./Standing
HOA Y/N No
Year Built 1988
Annual Tax Amount $24,000
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
Rare opportunity to acquire a 5,800 SF retail/warehouse investment property situated on 0.57 acres in one of Draper's most desirable commercial corridors. The property is fully leased to two established tenants, providing stable cash flow and long-term income security. Tenants include Advanced Doors, a well-established garage door company with 8 years remaining on its lease, and Benepets, which recently executed a 3-year lease renewal. Both tenants are on NNN leases with rental rates above current market averages, creating a strong and reliable income stream for investors. The property also features 24 parking stalls and offers excellent access to Interstate 15 and the surrounding Salt Lake Valley. Combining long-term tenancy, strong lease structures, and a premier location, this asset presents a compelling investment opportunity. Offered at a 6.0% CAP rate. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Location
State UT
County Salt Lake
Area Sandy; Draper; Granite; Wht Cty
Interior
Fireplace No
Exterior
View Y/N No
Present Use Retail
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 28-29-304-008
Listed by KW Utah Realtors Keller Williams (Brickyard)
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