Retail Storefront with Finished
For Sale
$1,435,000
1086 W S JORDAN Pkwy, South Jordan, UT 84095
COMMERCIAL - South Jordan, UT
Property Size4,908 SF
Lot Size0.10 Acres
Price / SF$292.38
Days on Market366
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 4
Last Checked: Aug 13 at 3:06PM
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 storefront includes a main-floor sales area and a finished basement, with the property and operating Lego business offered together. The transaction includes furniture, fixtures, equipment, inventory, and franchise support.
Located at 1086 W S JORDAN Pkwy in South Jordan, the property was built in 2008 and occupies a 0.1-acre site. The sale is structured as a standard real estate transaction, while the business may be acquired with cash or seller-financed payment terms.
Located at 1086 W S JORDAN Pkwy in South Jordan, the property was built in 2008 and occupies a 0.1-acre site. The sale is structured as a standard real estate transaction, while the business may be acquired with cash or seller-financed payment terms.
Key Highlights
- Retail storefront with main floor and finished basement
- Lego franchise business and real estate offered together
- Furniture, fixtures, equipment, and inventory included
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
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
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Frequently Asked Questions
What type of property is this?
Storefront property - Two-level retail space includes a main floor, finished basement, and an established Lego franchise business.
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 $1,435,000.
What are key features of this property?
This property features: Retail storefront with main floor and finished basement; Lego franchise business and real estate offered together; Furniture, fixtures, equipment, and inventory included
