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3687 Pioneer Pky

6,400 SF 100% Leased Retail Building Santa Clara, UT 84765 £4,040,884 (£631/SF) 5.10% Net Initial Yield

Investment Highlights

  • It is located in Santa Clara in a newly developed retail strip along Pioneer Parkway, near Harmon’s grocery store.
  • Less than a mile from Black Desert Resort & PGA.
  • Surrounding Tenants include Royal Thai, Alfredo’s, Jersey Mike’s, & Thrive.

Executive Summary

100 % occupied retail investment property for sale.
Parcel totaling approximately 0.67 acres.
5.1 CAP rate.
It is located in Santa Clara in a newly developed retail strip along Pioneer Parkway, near Harmon’s grocery store.
Surrounding Tenants include Royal Thai, Alfredo’s, Jersey Mike’s, & Thrive.
Less than a mile from Black Desert Resort & PGA.
Frontage and access points include three entrance points off Pioneer Parkway and one-off Rachael Dr.
The building also has one drive-thru access for end-cap tenants.
Please call the Listing agent with any inquiries.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,400 SF
Year Built
2023
Price
£4,040,884
Price Per SF
£631
Net Initial Yield
5.10%
NOI
£206,085
Percent Leased
100%
Number of Floors
1
Building FAR
0.22
Lot Size
0.67 AC
Zoning
C-2

Nearby Major Retailers

Capriotti's
Cafe Rio
Mo’Bettahs
America First Credit Union
Harmons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1150688
Land Assessment
£294,668
Improvements Assessment
£0
Total Assessment
£294,668
  • Listing ID: 34178354

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 3687 Pioneer Pky, Santa Clara, UT 84765

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