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    949 W 1700 S Salt Lake City, UT 84104

    For Sale
    $6,500,000

    NNN investment opportunity with long-term lease and annual increases.

    Property size:
    38,696 SF
    Lot size:
    2.68 Acres

    Property Features for 949 W 1700 S

    General Information

    Size
    38,696 SF
    Lot size
    2.68 Acres

    Source: Mountain West | Ogden Agent Mike Medina

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salt Lake City Retail Investment

    This commercial property features a long-term absolute NNN lease with annual increases. The established tenant is the exclusive Utah dealer for MP, Moomba, and Supra boats and has a long operating history. The property consists of 2.64 acres and includes three building structures with a combined gross leasable area of 38,696 square feet. It also features 430 feet of frontage on 1700 South.
    Insight Report Location Intelligence

    Current Use by Public Records

    Marine Products Marine Supply Store RONIX WAKE STORE Boat Dealer

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Affordable Rent-A-Car And Sales, Car Rental Utah, Amazing Car Rental Salt Lake City, U-Haul Neighborhood Dealer, CNG Car Rental Salt Lake City Airport

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.864075
    Latitude
    40.73378

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    FAQs

    What type of property is this?
    Automotive property - NNN investment opportunity with long-term lease and annual increases.
    Where is this automotive property located?
    The property is located at 949 W 1700 S Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Long term lease with annual increases; - Absolute NNN investment; - Established tenant with long term operating history
    (801) 456-8800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    949 W 1700 S Salt Lake City, UT 84104
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