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Investment Highlights

  • Brand-new NNN lease with minimal landlord obligations.
  • High-traffic location with 29,000 vehicles per day on 5600 West.
  • Surrounded by major retailers and established commercial corridors.
  • 10-year initial term with two five-year renewal options and 2% annual rent increases.
  • Excellent visibility and easy access to Mountain View Highway.
  • Sale-leaseback with a tenant that has a long operating history.

Executive Summary

This single-tenant property offers a secure investment opportunity in the growing West Valley City market. The asset is occupied by Dana Orthodontics under a brand-new NNN lease, providing investors with a stable income stream and minimal landlord responsibilities. The lease features a 10-year initial term with two five-year renewal options and 2% annual rent increases, ensuring long-term income growth.
Strategically located along 5600 West, the property benefits from excellent visibility and exposure to approximately 29,000 vehicles per day. The site offers convenient access to Mountain View Highway and is surrounded by a strong mix of national and regional retailers, including Walmart, Home Depot, and major shopping centers such as Jordan Landing and Valley Fair Mall.
This sale-leaseback structure, combined with the tenant’s long operating history, makes this property an attractive option for investors seeking predictable returns. With a purchase price of $1,662,000, a 6.5% cap rate, and an NOI of $108,000, this asset delivers both stability and upside potential in a high-traffic corridor within the Salt Lake City metro area.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
B
Year Built
1999
Price
$1,662,000
Price Per SF
$415.50
Cap Rate
6.50%
NOI
$108,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.13
Lot Size
0.71 AC
Zoning
M1 - Light Industrial
Parking
30 Spaces (7.7 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
20-01-351-010-0000
Land Assessment
$591,500
Improvements Assessment
$610,300
Total Assessment
$1,201,800
  • Listing ID: 39980735

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 4575 S 5600 W, Salt Lake City, UT 84120

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