Retail Space with Finished
For Sale
$1,435,000
1086 W S JORDAN Pkwy, South Jordan, UT 84095
Commercial Sale, South Jordan, UT
Property Size4,908 SF
Lot Size0.10 Acres
Price / SF$292.38
Days on Market392
Property Features for 1086 W S JORDAN Pkwy
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C-C
Subdivision
JORDAN
Standard status
Active
APN
27-14-182-018
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
8294
Building Details
Year built
2008
Listing Agency:
KW WESTFIELD · Keller Williams Realty
(801) 850-5600
Listed By:
Clay Winder · License #342843SA00
(801) 358-0970
Added: Aug 13, 2025
Changed: Aug 19
Last Checked: Sep 8 at 12:06PM
MLS# 2104757
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property combines Suites 104 and 105 at 1086 W S JORDAN Pkwy in South Jordan. The 4,908 SF layout includes a main floor and finished basement, with construction dating to 2008. The property sits on a 0.1-acre parcel.
The sale includes the real estate and the associated Lego business, which are to be transferred together. Furniture, fixtures, equipment, inventory, and franchise support are included in the offering. The business purchase may be completed with cash or seller-financed payment terms, while the real estate will be conveyed through a standard real estate transaction.
The sale includes the real estate and the associated Lego business, which are to be transferred together. Furniture, fixtures, equipment, inventory, and franchise support are included in the offering. The business purchase may be completed with cash or seller-financed payment terms, while the real estate will be conveyed through a standard real estate transaction.
Key Highlights
- 4,908 SF retail property with main floor and finished basement
- Suites 104 and 105 at 1086 W S JORDAN Pkwy, South Jordan, UT 84095
- Built in 2008 on a 0.1‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,507
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,470,140
$1.5M
Cap Rate 7%
$1,050,100
$1.1M
Cap Rate 9%
$816,744
$816.7K
Market Conditions
NOI Build-Up for 4,908 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$107.8K $21.96/SF
− Vacancy
−$2.8K −$0.56/SF
EGI
$105.0K $21.40/SF
− OpEx
−$31.5K −$6.42/SF
NOI
$73.5K $14.98/SF
Area
Salt Lake County, UT
Vacancy
2.57%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,470,140
Cap Rate 7%
$1,050,100
Cap Rate 9%
$816,744
Alternative Uses
Best Use
Retail
$1.05M
$918.8K – $1.23M
NOI $73,507 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$65.35M
$57.18M – $76.24M
NOI $4,574,628 @ 7.0% cap · market cap 318.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Maverik Adventures First Stop
Shops & Services
11,397 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,507 visits/mo
0.4 miles
Demographics for 84095, UT
39,278
Population
13,518
Households
2.9
Avg Household Size
35
Median Age
46%
College-Educated
97%
High-School Grad
11.5 sq mi
ZIP Area
3,415
Density / Sq Mi
$123,082
Median Household Income
$57,833
Median Earnings
$1,794
Median Rent
$669,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Two adjoining suites provide main-floor retail space and a finished lower level for commercial operations.
Where is this retail space located?
The property is located at 1086 W S JORDAN Pkwy South Jordan, UT.
What is the asking price?
The asking price for this property is $1,435,000.
What are key features of this property?
This property features: 4,908 SF retail property with main floor and finished basement; Suites 104 and 105 at 1086 W S JORDAN Pkwy, South Jordan, UT 84095; Built in 2008 on a 0.1‑acre parcel
