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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2075191
Year Built 1990
Annual Tax Amount $1,617
Lot Size 0.690 Acres
Property Sub-Type Retail
Property 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 Listing Description: 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. Address: 4032-4044 W 4100 S West Valley City UT, 84120 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
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air
Flooring Tile
Exterior
Exterior Feature Paved Parking
View Y/N No
Roof Type Metal,PVC
Building
New Construction No
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Jerome Bennett
Principal Broker | License ID: 5451352-PB00
Principal Broker License ID: 5451352-PB00