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Oil Serive Center 4650 S Constitution Blvd 3,472 SF Retail Building Salt Lake City, UT 84129 $1,038,046 ($298.98/SF) 6.50% Cap Rate
Investment Highlights
- 3,472 SF lube & oil shop on 0.30 acres
- Very clean, well-maintained facility
- Approx. 18,000 AADT on Constitution Blvd
- 3 bays, 3 pits, and 1 two-post lift
- Approx. 45,000 AADT on 4700 South
- Prime West Valley City automotive corridor
Executive Summary
A rock-solid, low-maintenance investment in the heart of West Valley City. This 3,472 SF, three-bay lube & oil service center sits on a 0.30-acre lot and is backed by a proven operator currently in year 3 of a 5-year NNN lease, delivering $67,473 in annual NOI with 3% annual Increases. Listed at $1,175,000, the offering provides attractive cash flow with minimal landlord responsibility.
Built in 1999 and exceptionally clean, the facility includes three service bays, three pits, and one two-post lift, making it a turnkey setup for ongoing automotive service operations. The site benefits from strong visibility and easy access in a busy commercial corridor of West Valley City.
Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Built in 1999 and exceptionally clean, the facility includes three service bays, three pits, and one two-post lift, making it a turnkey setup for ongoing automotive service operations. The site benefits from strong visibility and easy access in a busy commercial corridor of West Valley City.
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 Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,472 SF
Building Class
B
Year Built
1999
Price
$1,038,046
Price Per SF
$298.98
Cap Rate
6.50%
NOI
$67,445
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.30 AC
Zoning
C-2
Frontage
93’ on Constitution Blvd
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-04-376-026-0000 | Improvements Assessment | $620,000 |
| Land Assessment | $298,100 | Total Assessment | $918,100 |
Property Taxes
Parcel Number
21-04-376-026-0000
Land Assessment
$298,100
Improvements Assessment
$620,000
Total Assessment
$918,100
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Oil Serive Center | 4650 S Constitution Blvd