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Retail Space with Finished Basement
For Sale
$1,435,000

1086 W South Jordan Pkwy, South Jordan, UT 84095

Retail premises paired with an operating LEGO franchise and included business assets.

Property Size4,908 SF
Price / SF$292.38
Days on Market64

Property Features for 1086 W South Jordan Pkwy

General Information

Standard status Active
Size 4,908 SF

Additional Details

Business Included Yes

Building Details

Year Built 2008
Listing Agency: KW WESTFIELD
Listed By: Clay Winder · License #6425070
Source: Redsign
Added: Aug 4 Changed: Oct 1 Last Checked: Oct 5 at 8:30PM

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 KW WESTFIELD

Investment Insights

Based on property information with market context.

The offering includes 4,908 square feet of retail space at 1086 W South Jordan Pkwy, Ste 104 + 105, with a main floor and finished basement. Constructed in 2008, the property is offered together with the associated LEGO franchise rather than as a separate real estate sale.

The transaction also includes inventory, furniture, fixtures, equipment, and franchise support. The business and real estate must transfer together, with additional financial and lease materials available subject to an NDA.

Key Highlights

  • 4,908 SF of retail space with main floor and finished basement
  • Includes the associated LEGO franchise and real estate
  • Inventory, furniture, fixtures, and equipment included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,507
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $4,574,628 @ 7.0% cap · market cap 318.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,415
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 36% Hotels & Casinos 3% Home Improvements & Furnishings 1%
Maverik Adventures First Stop Shops & Services
11,676 visits/mo 0.4 miles
Kneaders Bakery & Cafe Dining
11,187 visits/mo 0.2 miles
Tsunami Dining
10,080 visits/mo 0.5 miles
Chevron Shops & Services
8,710 visits/mo 0.0 miles
Starbucks Dining
6,845 visits/mo 0.2 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises paired with an operating LEGO franchise and included business assets.
Where is this retail space located?
The property is located at 1086 W South 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 of retail space with main floor and finished basement; Includes the associated LEGO franchise and real estate; Inventory, furniture, fixtures, and equipment included
More about this property
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