27
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$1,800,000
Est. payment /mo
0.57 Acres Lot
New
12270 S 700 E Draper, UT 84020
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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 a long-term lease in place through July 2034, and Bene Pets, whose lease runs through December 2028, creating future upside potential through rental rate increases upon renewal. Both tenants are on NNN leases, providing investors with stable income and minimal landlord responsibilities. The property also features 24 parking stalls and offers excellent access to Interstate 15 and the surrounding Salt Lake Valley. Combining long-term tenancy 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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