540 E 1700 S
Clearfield, UT 84015
Stone Creek Retail Center · Retail Property For Sale

Stone Creek Retail is a 100% leased, 28,489-square-foot multi-tenant neighborhood retail center situated on 2.62 acres at the southwest corner of Antelope Drive (1700 South) and 575 East in Clearfield, Utah. The property consists of four freestanding single-story masonry buildings constructed in phases between 2003 and 2007, demised into retail suites plus a freestanding quick-lube building with drive-thru service bays. The offering includes 490, 510, 540 and 570 East 1700 South, all on a single parcel under one ownership.
As of the September 2026 rent roll the center is fully occupied by 17 tenants across a diversified local mix including automotive service, fitness and martial arts, salon and beauty services, food and specialty retail, pet supply, and contractor showroom users. No single tenant accounts for a disproportionate share of income. Leases are structured on a Modified Gross basis at an average in-place rent of $16.31 per square foot, up 3.5% since the spring appraisal, with a weighted average remaining term of approximately 20 months.
Site improvements include 109 surface parking stalls at a ratio of 3.83 per 1,000 square feet, asphalt paving, concrete sidewalks and curbing, pole-mounted lighting, and sprinklered landscaping. Each building has separate utility meters and each tenant has building signage, with a monument pylon sign fronting Antelope Drive. Buildings feature 14-foot clear heights, flat sealed membrane roofs, forced-air heating with central air conditioning, and six roll-up doors. The property carries no deferred maintenance and sits in FEMA Flood Zone X.
Antelope Drive is the primary east-west arterial serving Clearfield, Layton, Syracuse, and West Point, carrying 44,000 vehicles per day, with interchange access to Interstate 15 approximately one mile east and SR-177 3.3 miles west. The Clearfield FrontRunner commuter rail station is 0.4 miles northeast, Hill Air Force Base is 2.4 miles north, and the Freeport Center industrial park adjoins the property to the west. The trade area contains 101,688 residents with a median household income of $103,091 within a three-mile radius, growing to 201,838 residents within five miles, with population projected to add nearly 10,000 people over the next five years.
The property is zoned C-2 General Commercial by the City of Clearfield and is a legal conforming use. Offered at $5,200,000, or $182.53 per square foot.