12270 S 700 E, Draper, UT 84020
12270 S 700 E, Draper, UT 84020
12270 S 700 E, Draper, UT 84020
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0.57 Acres Lot

12270 S 700 E Draper, UT 84020

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Key Details

Sold Price -

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Draperville

MLS Listing ID 2164090

Sold Date -

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 false

Exterior

View Y/N No

Present Use Retail

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 28-29-304-008

Horse Property No

Financing Cash

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Listed by KW Utah Realtors Keller Williams (Brickyard)
Bought with NON-MLS

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Manny Torres

Manny Torres

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+1(801) 680-1274

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