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TACTICAL PENGUIN • STNL INVESTMENT 6651 S State St 7,200 SF Retail Building Midvale, UT 84047 $3,780,149 CAD ($525.02 CAD/SF) 6% Cap Rate
Executive Summary
Newmark Mountain West is proud to present the opportunity to acquire a Single- Tenant opportunity in the Murray trade area. Located along State Street, a main north-south connector in Salt Lake County, the property is surrounded by many heavily trafficked nationally recognized and local retailers.
Owner Agent.
Owner Agent.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
B
Year Built/Renovated
1961/1995
Price
$3,780,149 CAD
Price Per SF
$525.02 CAD
Cap Rate
6%
NOI
$226,809 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.49 AC
Zoning
C-D-C
Parking
20 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-19-302-032-0000 | Improvements Assessment | $830,537 CAD |
| Land Assessment | $547,159 CAD | Total Assessment | $1,377,696 CAD |
Property Taxes
Parcel Number
22-19-302-032-0000
Land Assessment
$547,159 CAD
Improvements Assessment
$830,537 CAD
Total Assessment
$1,377,696 CAD
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Videos
Matterport 3D Exterior
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Photos
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Map
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TACTICAL PENGUIN • STNL INVESTMENT | 6651 S State St
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