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    9492 Highland Dr Sandy, UT 84092

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    For Sale
    $950,000

    Retail space with strong national tenant and corporate guarantee.

    Property size:
    3,180 SF
    Lot size:
    0.50 Acres

    Property Features for 9492 Highland Dr

    General Information

    Size
    3,180 SF
    Lot size
    0.50 Acres

    Source: Colliers | Salt Lake City Millrock Agent Jeff Harrison

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

    Overview

    Retail Space in Sandy, Utah

    This retail space is located in Sandy, Utah, just 20 minutes from downtown Salt Lake City. The property benefits from excellent visibility on a hard signalized corner with combined traffic counts exceeding 38,000 vehicles daily. The current lease term ends in 2032 and includes two, five-year options. The shopping center's tenants include McDonald’s, The Home Depot, Starbucks, Chase Bank, Discount Tire, O’Reilly Auto Parts, Mister Car Wash, Massage Envy, Costa Vida, Utah ABS, Jersey Mike’s Subs, Swig & Black Bear Diner. The property size is 3,180 square feet. The leasehold ownership of the asset allows for the potential to depreciate 100% of the purchase price creating a favorable tax shelter (land not for sale).
    Insight Report Location Intelligence

    Current Use by Public Records

    Grease Monkey Oil Change Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8360683
    Latitude
    40.5786447

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    FAQs

    What type of property is this?
    Retail space - Retail space with strong national tenant and corporate guarantee.
    Where is this retail space located?
    The property is located at 9492 Highland Dr Sandy, UT.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Absolute NNN leasehold interest; - Strong national tenant with corporate guarantee; - Current lease term ends in 2032 with 2, five year options
    (801) 947-8300
    Request Owner's contact information
    9492 Highland Dr Sandy, UT 84092
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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
    9492 Highland Dr Sandy, UT 84092
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