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Master Muffler 4030 W 5415 S 5,040 SF Retail Building Salt Lake City, UT 84118 $2,400,000 ($476.19/SF) 9.67% Cap Rate



Executive Summary
9.7% CAP!!! Three additional properties available. Exceptional investment opportunity in Salt Lake County. This recently remodeled laundromat, features the latest modern equipment and advanced management technology that allows you to monitor and control machines from your home, car, or on the slopes. In addition to retail coin revenue, the portfolio includes professionally managed hotel laundry contracts that provide consistent, diversified income and enhance overall cash flow stability. The four-location offering is priced at $6,000,000 and includes: 1315 West 500 North, Salt Lake City (Rose Park), 3520 West 3500 South, West Valley City (Star Coin – Commercial Lease for Sale),1962 S 1100 East, Salt Lake City (Sugarhouse – Commercial Lease for Sale) All four locations are coin-operated laundromats that have been recently renovated with updated equipment and systems. The first two properties are owner-occupied real estate. The Sugarhouse and West Valley City locations are commercial leasehold interests with long-term leases that include five-year extension options. This offering provides the opportunity to acquire a stabilized, multi-location laundry platform across established Salt Lake County submarkets, supported by modernized operations and diversified revenue streams. Detailed financials available upon request. Do not disturb tenants or employees.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,040 SF
Building Class
C
Year Built
1980
Price
$2,400,000
Price Per SF
$476.19
Cap Rate
9.67%
NOI
$232,157
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.39 AC
Zoning
C-2 - Commercial
Parking
20 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-07-478-035-0000 | Improvements Assessment | $938,100 |
| Land Assessment | $323,600 | Total Assessment | $1,261,700 |
Property Taxes
Parcel Number
21-07-478-035-0000
Land Assessment
$323,600
Improvements Assessment
$938,100
Total Assessment
$1,261,700
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Master Muffler | 4030 W 5415 S
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