4032-4044 West 4100 South
$2,999,000
4032 West 4100 South, Salt Lake City, UT 84120
9,089 sqft
Building Size
0.69 acres
Lot Area
Details:
Highlights:
- • Offered at: $2,999,000
- • Building Square Feet: 8,910
- • Average Unit Sizes: 1,320 - 2,220 SF
- • Number of Units: 5
- • Number of Buildings: 1
- • Average Lease Rate: $16.91/mo
- • Proforma Lease Rate: $22.12/mo
- • NOI: $124,682.21
- • Proforma NOI: $175,188.29
- • CAP Rate: 4.156%
- • Proforma CAP Rate: 5.84%
- • Occupancy: 100%
- • Parcel Size: .69 AC
- • Year Built: 1990
- • Class B
- • Parking Ratio: 3.5/1000
- • AADT: 31,036
- • Anchored by established national tenants (Subway, Metro, Boost Mobile)
- • High visibility and foot traffic on a busy thoroughfare
- • Dense surrounding residential and commercial population
- • Below-market rents offering clear value-add potential
- • Strong tenant mix ensuring consistent occupancy and cash flow
Description:
Prime multi-tenant strip center on 4100 South in West Valley City, anchored by well-known brands including Subway, Metro, and Boost Mobile. The busy 4100 S has an average daily traffic of 31,036. The property benefits from high visibility, steady foot traffic, and easy access to Bangerter Highway. Surrounded by dense residential communities and established retailers, it offers strong customer demand, consistent occupancy, and stable growth potential.
Parcels for Sale include: 15-31-477-053 & 15-31-477-054
Current rents at the property are significantly below market rates, presenting an attractive value-add opportunity for the next owner. By simply leveraging lease renewals or tenant turnover. All leases except the laundromat are expiring on or before November 2026. The new owner can realign rents with prevailing market conditions.
Prime multi-tenant strip center on 4100 South in West Valley City, anchored by well-known brands including Subway, Metro, and Boost Mobile. The busy 4100 S has an average daily traffic of 31,036. The property benefits from high visibility, steady foot traffic, and easy access to Bangerter Highway. Surrounded by dense residential communities and established retailers, it offers strong customer demand, consistent occupancy, and stable growth potential.
Documents:
| Title | ||
|---|---|---|
| Sale_Brochure.pdf |
Location
Gallery
