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The Villages at South Mountain 3988 W 13400 S 6,496 SF 100% Leased Retail Building Riverton, UT 84096 $7,518,316 CAD ($1,157.38 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Multi-Tenant Building Investment Opportunity
- Easy Management / Stability & Growth
- Delivery Q4 2026
- Strong Tenant Mix
- Premier Retail Property
- Call for more details!
Executive Summary
The property has been developed with strong national and local branded tenants. All leases are (i) for 10-year terms plus options and have built-in rent growth and (ii) are triple type net lease for smaller shop buildings. Visible to over 31,000/cars per day. The building is centrally located and draws traffic from all neighborhoods nearby. The tenant mix can provide for a wide variety of needs from both residents and visitors alike. Located in Salt Lake County, Riverton is a suburb of Salt Lake City with a population of 191,865 within a 5-mile radius. Living in Riverton offers residents a rural feel and most residents own their homes. The median household income is $122,839 within a 3-mile radius.
Groundbreaking June 30, 2026 with Delivery November 2026
Groundbreaking June 30, 2026 with Delivery November 2026
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,496 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$7,518,316 CAD
Price Per SF
$1,157.38 CAD
Cap Rate
6.25%
NOI
$469,895 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.23 AC
Zoning
Commercial
Parking
51 Spaces (7.85 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-32-352-008-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,032,414 CAD | Total Assessment | $2,032,414 CAD |
Property Taxes
Parcel Number
27-32-352-008-0000
Land Assessment
$2,032,414 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,032,414 CAD
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The Villages at South Mountain | 3988 W 13400 S
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