Absolute NNN Retail
For Sale
Contact for pricing
1070 Fort Union Blvd, Midvale, UT 84047
Tenant handles taxes, insurance, utilities, and property maintenance.
Property SizeContact for details
Days on Market144
Property Features for 1070 Fort Union Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Newmark Mountain West
(801) 456-8800
Listed By:
Scott Brady · License #UT 5500481-SA00
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 7:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark Mountain West
Investment Insights
Based on property information with market context.
This retail investment is structured under an absolute NNN lease, assigning the property’s operating obligations to the tenant. Those responsibilities include common-area upkeep, taxes, insurance, utilities, and repairs or replacements affecting the roof and building structure, leaving no stated landlord responsibilities for these items.
The property is located at 1070 Fort Union Blvd in Midvale, within the Salt Lake Valley and the Fort Union trade area. The original lease dates to 1990 and includes 10% increases beginning with the fourth renewal option term, with renewal periods occurring every 5 years.
The property is located at 1070 Fort Union Blvd in Midvale, within the Salt Lake Valley and the Fort Union trade area. The original lease dates to 1990 and includes 10% increases beginning with the fourth renewal option term, with renewal periods occurring every 5 years.
Key Highlights
- Absolute NNN lease structure
- Tenant responsible for common areas, taxes, insurance, utilities, repairs, and replacements
- Tenant responsibility includes roof and building‑structure work
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,411
Businesses Nearby
422k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 19%
Apparel 17%
Groceries 14%
In-N-Out Burger
Dining
58,882 visits/mo
0.3 miles
Trader Joe's
Groceries
57,287 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
38,819 visits/mo
0.5 miles
T.J. Maxx
Apparel
35,691 visits/mo
0.4 miles
Sierra
Apparel
26,411 visits/mo
0.5 miles
Demographics for 84047, UT
37,146
Population
17,221
Households
2.2
Avg Household Size
33
Median Age
34%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
5,804
Density / Sq Mi
$73,120
Median Household Income
$43,845
Median Earnings
$1,482
Median Rent
$404,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Tenant handles taxes, insurance, utilities, and property maintenance.
Where is this nnn property located?
The property is located at 1070 Fort Union Blvd Midvale, UT.
What are key features of this property?
This property features: Absolute NNN lease structure; Tenant responsible for common areas, taxes, insurance, utilities, repairs, and replacements; Tenant responsibility includes roof and building‑structure work
