949 W 1700 S
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
949 W 1700 S
35,996 SF Retail Building Salt Lake City, UT 84104 £5,185,050 (£144/SF) 6.70% Net Initial Yield
Investment Highlights
- Located in the South Salt Lake I-15 Industrial Corridor on the corner of 17th South and 9th West. Central between I-15 (N-S) and I-80 (E-W) Freeways
- The property can be accessed from both 1700 South and Quayle Avenue. The property has over 430 ft of Frontage on 1700 South.
- The subject consists of one parcel totaling 2.64 acres or 114,998 SF.
Executive Summary
Mountain West has been selected to offer a single tenant absolute NNN leased investment occupied by The Marine Products. This property is a unique investment opportunity in Salt Lake City, Utah. The real estate is well positioned in the Salt Lake Valley and only 3 minutes off the UT-201 Interchange. As the exclusive dealer in Utah for MP, Moomba, & Supra Boat the location provides an ease of access for the
customers across the Wasatch Front.
The asset includes 2.64 Acres of land with 430 +/- feet of frontage along the 1700 South corridor to the intersection of 900 West. With 1700 South and 900 West generating over 25,000 vehicles per day the visibility and presence of the location is outstanding. The property includes three structures providing ample retail space, shop space, and covered storage. The site is well designed with 1.31 acres of secured fenced yard area for boat storage, in addition to the ample customer and display parking along 1700 South.
Marine Products is a company that has been in business since 1971, known for its vast inventory of product with robust sales at this location and a strong online presence they offer convenience and a great customer experience through all sales channels, making MP a leader in the boat dealership industry. The company has been recognized for multiple Dealer awards and is a major sponsor for boating events and athletes. With an average Marine Products employee being with the company for 20 years, they provide customers with the highest level of expertise.
In summary, the asset is a high-quality investment, which includes a large 2.64 acre parcel of land, three building structures for a combined total of approximately 38,696 square feet, and a Tenant that has been a staple in the community since 1971.
customers across the Wasatch Front.
The asset includes 2.64 Acres of land with 430 +/- feet of frontage along the 1700 South corridor to the intersection of 900 West. With 1700 South and 900 West generating over 25,000 vehicles per day the visibility and presence of the location is outstanding. The property includes three structures providing ample retail space, shop space, and covered storage. The site is well designed with 1.31 acres of secured fenced yard area for boat storage, in addition to the ample customer and display parking along 1700 South.
Marine Products is a company that has been in business since 1971, known for its vast inventory of product with robust sales at this location and a strong online presence they offer convenience and a great customer experience through all sales channels, making MP a leader in the boat dealership industry. The company has been recognized for multiple Dealer awards and is a major sponsor for boating events and athletes. With an average Marine Products employee being with the company for 20 years, they provide customers with the highest level of expertise.
In summary, the asset is a high-quality investment, which includes a large 2.64 acre parcel of land, three building structures for a combined total of approximately 38,696 square feet, and a Tenant that has been a staple in the community since 1971.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
35,996 SF
Building Class
C
Year Built
1996
Price
£5,185,050
Price Per SF
£144
Net Initial Yield
6.70%
NOI
£347,398
Tenancy
Single
Number of Floors
2
Building FAR
0.31
Lot Size
2.64 AC
Zoning
CG - General Commercial
Parking
26 Spaces (0.58 Spaces per 1,000 SF Leased)
Frontage
430 ft on 1700 South St
Amenities
- Bus Route
- Dedicated Turn Lane
- Pylon Sign
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Retailer
- -
- $9.99
- Lorem Ipsum
- Jan 0000
A local sporting good and boat retailer established in 2000, based out of Salt Lake City, UT.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Bike Score ®
Very Bikeable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 15-14-405-021-0000 | Improvements Assessment | £2,010,044 |
Land Assessment | £1,467,768 | Total Assessment | £3,477,812 |
PROPERTY TAXES
Parcel Number
15-14-405-021-0000
Land Assessment
£1,467,768
Improvements Assessment
£2,010,044
Total Assessment
£3,477,812
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
949 W 1700 S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.