12270 S 700 E

Draper, UT 84020

Draper, UT 84020

12270 S 700 E

$1,800,000

MLS#: 2164090

Status: Active

Listing provided by: KW Utah Realtors Keller Williams (Brickyard)

Listing agent phone: None

Last update: 6 days ago

On site: 8 days ago

DRAPERVILLE - Commercial Sale

About

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.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1988

Sq.Footage

0

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.57

  • Lot Size(square feet)

    24829.2

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $1,800,000

  • Tax Amount

    $24,000

  • Zoning

    CC

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Shad Selmos , KW Utah Realtors Keller Williams (Brickyard)

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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.

12270 S 700 E

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