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9426 S 700 E 14,225 SF Retail Building Sandy, UT 84070 $6,500,000 ($456.94/SF) 7.54% Cap Rate

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Executive Summary

Tenant: Walgreens
Lease Type: NNN
Lease Commencement: February 1, 2005
Primary Lease Expiration: January 31, 2030
Rent: $40,973.50/Month, $491,682/Year
ROFR: Tenant has fifteen (15) business days to respond

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,225 SF
Building Class
B
Year Built
2005
Price
$6,500,000
Price Per SF
$456.94
Cap Rate
7.54%
NOI
$490,146
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.38 AC
Zoning
CC
Parking
55 Spaces (3.87 Spaces per 1,000 SF Leased)
Frontage
462’ on S 700 E

Amenities

  • Signage
  • Signalized Intersection
  • Car Charging Station

Nearby Major Retailers

Planet Fitness
Jenny Craig
Hot Dog on a Stick
Cafe Rio
Cafe Zupas
Anytime Fitness
Bank of America
America First Credit Union
Sizzler
MOOYAH

Property Taxes

Property Taxes

Parcel Number
28-07-226-080-0000
Land Assessment
$2,003,200
Improvements Assessment
$3,836,500
Total Assessment
$5,839,700
  • Listing ID: 39728802

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 9426 S 700 E, Sandy, UT 84070

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