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775 S 900 W

4,498 SF Retail Building Salt Lake City, UT 84104 £1,956,125 (£435/SF)

Investment Highlights

  • Freestanding retail storefront that is highly visible to over 15,000 vehicles traveling along the intersection of 900 West and 800 South.
  • Accessible to over 60,000 residents living within a 2-mile radius; these residents tallied a consumer spending total of over $600 million in 2023.
  • Centrally located near I-15, I-215, and I-80, the location affords quick access to Salt Lake International Airport and Downtown Salt Lake City.
  • Offering the favorable zoning code of R-MU-35, the property offers flexible usages, including commissary.
  • Surrounded by national retailers and service providers, including Little Caesars, T-Mobile, 7-Eleven, Fastrac, Smith’s, and more.

Executive Summary

The offering at 775 S 900 W is a unique owner/user opportunity that offers four-way intersection visibility within one of Salt Lake City’s busiest areas. The property is located at the intersection of 800 S and S 900 W, which boasts vehicle counts of nearly 15,000 each day. The storefront opportunity encompasses 4,498 square feet constructed on 0.25 acres and features highly visible signage options, multiple points of access, and a parking lot with 26 surface parking spots. Occupants also stand to benefit immensely from the property’s proximity to Salt Lake City’s second-largest neighborhood, Poplar Grove. This area provides a healthy consumer pool that has vastly expanded over the past several years. Over the past decade, the population within a 2-mile radius has added approximately 10,000 new residents. At 1.8% growth since 2010, the population within a 2-mile radius significantly outpaces the market and national averages. This ideally placed asset offers proximity to national retailers, easy access to Downtown Salt Lake City, and optimal placement within an expanding area expected to continue experiencing positive population and economic growth.
Home to nearly 15,000 residents, Poplar Grove offers its residents the cozy feel of a quaint suburban neighborhood but offers the amenities big-city dwellers desire.
Downtown Salt Lake City is 2 miles away, and the Central Business District can be accessed within minutes. Poplar Grove also provides proximity to Salt Lake International Airport, which can be accessed in about 15 minutes via Interstate 80. Interstates 15 and 215 can be easily accessed within minutes from any point in Poplar Grove. With the Jordan River running through this affluent neighborhood, residents can access a multitude of outdoor parks and natural amenities, including 9th South River Park, Jordan Park, Poplar Grove Park, and the Jordan River Parkway Trail.

Attachments

775 S. Flyer

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,498 SF
Building Class
C
Year Built
1928
Price
£1,956,125
Price Per SF
£435
Tenancy
Multiple
Number of Floors
1
Building FAR
0.41
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
R-MU-35 - R-MU-35 Many Approved Uses
Parking
26 Spaces (5.78 Spaces per 1,000 SF Leased)
Frontage
54 ft on W 800 S

Amenities

  • Bus Route
  • Corner Lot
  • Signage
  • Signalised Intersection
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Smith's Food & Drug Center Pharmacy
Starbucks
Alberto's Mexican Food
Denny's
Costa Vida Fresh Mexican Grill
Tucanos Brazilian Grill
KeyBank
F45 Training, Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-11-206-025-0000
Land Assessment
£239,351
Improvements Assessment
£74,802
Total Assessment
£314,154
  • Listing ID: 29808953

  • Date on Market: 17/10/2023

  • Last Updated:

  • Address: 775 S 900 W, Salt Lake City, UT 84104

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