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    3311 S 700 E Salt Lake City, UT 84106

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    For Sale
    $2,426,000

    Corporate guaranteed 7-Eleven with over 12 years remaining.

    Property size:
    3,025 SF
    Lot size:
    0.65 Acres

    Property Features for 3311 S 700 E

    General Information

    Size
    3,025 SF
    Lot size
    0.65 Acres

    Source: Colliers | Utah County Agent Sage Shepard

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

    Overview

    Salt Lake City 7-Eleven

    This corporate 7-Eleven, a convenience store and gas station, is located in Salt Lake City, UT. The property features a 3,025-square-foot building on a 0.61-acre parcel, equipped with 6 fuel pumps. Situated on the hard corner of the signalized intersection at 3300 South & South 700 East, the location benefits from high visibility and accessibility, with a combined traffic count exceeding 58,800 vehicles per day. The surrounding area includes retailers such as The Home Depot, Harmons Grocery, Rancho Markets, HomeGoods, Walgreens, Wells Fargo, Chase Bank, McDonald’s, Starbucks, and Burger King. The lease has over 12 years remaining in the primary term. The NNN lease specifies that the landlord is responsible for structure and foundation. Located in the community of Millcreek, within the Salt Lake City MSA, which has a population exceeding 1.2 million, this property offers a strategic location with strong potential for long-term upside.
    Insight Report Location Intelligence

    Current Use by Public Records

    7-Eleven Convenience Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.870915
    Latitude
    40.699218

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    FAQs

    What type of property is this?
    Gas station - Corporate guaranteed 7-Eleven with over 12 years remaining.
    Where is this gas station located?
    The property is located at 3311 S 700 E Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $2,426,000.
    What are key features of this property?
    This property features: - Corporate-backed 7-Eleven lease with over 12 years remaining, providing stable, long-term income.; - Located at a high-traffic, signalized hard corner with over 58,800 vehicles per day, ensuring excellent visibility.; - NNN lease structure limits landlord responsibilities to structure and foundation, offering passive income.
    (801) 610-1300
    Request Owner's contact information
    3311 S 700 E Salt Lake City, UT 84106
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    Salt Lake City, UT 84106
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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
    3311 S 700 E Salt Lake City, UT 84106
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