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TACTICAL PENGUIN • STNL INVESTMENT 6651 S State St 7,200 SF Retail Building Midvale, UT 84047 $2,673,467 ($371.31/SF) 6% Cap Rate
Executive Summary
Newmark Mountain West is proud to present the opportunity to acquire a Single- Tenant opportunity in the Murray trade area. Located along State Street, a main north-south connector in Salt Lake County, the property is surrounded by many heavily trafficked nationally recognized and local retailers.
Owner Agent.
Owner Agent.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
B
Year Built/Renovated
1961/1995
Price
$2,673,467
Price Per SF
$371.31
Cap Rate
6%
NOI
$160,408
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.49 AC
Zoning
C-D-C
Parking
20 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-19-302-032-0000 | Improvements Assessment | $589,100 |
| Land Assessment | $388,100 | Total Assessment | $977,200 |
Property Taxes
Parcel Number
22-19-302-032-0000
Land Assessment
$388,100
Improvements Assessment
$589,100
Total Assessment
$977,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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TACTICAL PENGUIN • STNL INVESTMENT | 6651 S State St
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