Retail Storefront in Strip
For Sale
Contact for pricing
1086 W S Jordan Pkwy, South Jordan, UT 84095
2,336-square-foot retail unit in an established strip center next to Bricks & Minifigs with exposure along South Jordan Parkway.
Property Size2,336 SF
Price / SF$275.68
Days on Market61
Property Features for 1086 W S Jordan Pkwy
General Information
Standard status
Active
Size
2,336 SF
Property subtype
RETAIL
Listing Agency:
Peak Collective Real Estate
(801) 948-3783
Listed By:
Kody Watts · License #RE-15364
(801) 809-0914
Source:
Moodyscre
Added: Jul 15
Changed: Sep 5
Last Checked: Sep 13 at 9:54AM
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 Peak Collective Real Estate
Investment Insights
Based on property information with market context.
This 2,336-square-foot retail unit is located within an established strip center and is positioned next to Bricks & Minifigs. The space is sized for a range of retail and service-oriented uses, with practical dimensions designed to support everyday operations.
The property is situated at 1086 W S Jordan Pkwy in South Jordan, UT, offering convenient access and prominent exposure along South Jordan Parkway. Nearby activity within the center provides a built-in customer draw for concepts that benefit from strong storefront visibility.
As a for-sale offering, the unit presents an opportunity for an owner-user or investor to acquire a manageable commercial footprint in a maintained retail setting.
The property is situated at 1086 W S Jordan Pkwy in South Jordan, UT, offering convenient access and prominent exposure along South Jordan Parkway. Nearby activity within the center provides a built-in customer draw for concepts that benefit from strong storefront visibility.
As a for-sale offering, the unit presents an opportunity for an owner-user or investor to acquire a manageable commercial footprint in a maintained retail setting.
Key Highlights
- 2,336‑square‑foot commercial retail unit in an established strip center
- Located next to Bricks & Minifigs for added retail foot traffic
- Prominent exposure along South Jordan Parkway
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
$34,986
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
5.43%
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%
$699,720
$699.7K
Cap Rate 7%
$499,800
$499.8K
Cap Rate 9%
$388,733
$388.7K
Market Conditions
NOI Build-Up for 2,336 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
$51.3K $21.96/SF
− Vacancy
−$1.3K −$0.56/SF
EGI
$50.0K $21.40/SF
− OpEx
−$15.0K −$6.42/SF
NOI
$35.0K $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%
$699,720
Cap Rate 7%
$499,800
Cap Rate 9%
$388,733
Alternative Uses
Best Use
Retail
$499.8K
$437.3K – $583.1K
NOI $34,986 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$31.10M
$27.22M – $36.29M
NOI $2,177,329 @ 7.0% cap · market cap 338.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
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.
Similar Off Market Nearby
- Sweet William Floral & Design — 10506 S Redwood Rd, South Jordan, UT 84095
Frequently Asked Questions
What type of property is this?
Storefront property - 2,336-square-foot retail unit in an established strip center next to Bricks & Minifigs with exposure along South Jordan Parkway.
Where is this storefront property 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 $644,000.
What are key features of this property?
This property features: 2,336‑square‑foot commercial retail unit in an established strip center; Located next to Bricks & Minifigs for added retail foot traffic; Prominent exposure along South Jordan Parkway
