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Profitable Retail Investment Opportunity
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12271 South Herriman Main Street, Herriman, UT 84096

Retail property with long-term tenants in high-growth area.

Property Size5,254 SF
Days on Market352

Property Features for 12271 South Herriman Main Street

General Information

Standard status Pending
Size 5,254 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 2025
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: Newmark Mountain West
Listed By: Ryan Stewart · License #UT 7890408-SA00
Source: Crexi
Added: Aug 26, 2025 Changed: Aug 8 Last Checked: Jul 24 at 9:55AM

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 Newmark Mountain West

Investment Insights

Based on property information with market context.

This retail property is situated in a rapidly growing, high-income area. The location is approximately 2.5 miles from the new Salt Lake City Bees stadium and redevelopment area. The property is currently occupied by two tenants: Nothing Bundt Cakes, which recently signed a 10-year lease from August 1, 2025, to July 31, 2035, with 3% rental increases every two years, and Chubby’s Neighborhood Cafe, which recently signed a 121-month lease from September 1, 2025, to September 31, 2035, with 2% rental increases every lease year. Herriman was the fastest-growing city over 10,000 residents in the US between 2010 and 2019. The property size is 5254 square feet.

Key Highlights

  • New construction (2025) in a rapid growth, high‑income area
  • Leased to national tenant Nothing Bundt Cakes with a 10‑year lease and scheduled rent increases
  • Leased to Chubby's Neighborhood Cafe with a 121 month lease and scheduled rent increases

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Nail Salon

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

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Dining 17%
Quick Quack Car Wash Shops & Services
8,604 visits/mo 0.1 miles
Conoco Shops & Services
5,151 visits/mo 0.0 miles
Beans & Brews Dining
3,507 visits/mo 0.1 miles
Big O Tires Shops & Services
2,524 visits/mo 0.5 miles
Public Storage Shops & Services
1,240 visits/mo 0.1 miles

Demographics for 84096, UT

69,086
Population
21,168
Households
3.3
Avg Household Size
27
Median Age
41%
College-Educated
94%
High-School Grad
71.1 sq mi
ZIP Area
972
Density / Sq Mi
$117,800
Median Household Income
$50,954
Median Earnings
$1,888
Median Rent
$540,500
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 property with long-term tenants in high-growth area.
Where is this retail space located?
The property is located at 12271 South Herriman Main Street Herriman, UT.
What is the asking price?
The asking price for this property is $3,296,633.
What are key features of this property?
This property features: New construction (2025) in a rapid growth, high‑income area; Leased to national tenant Nothing Bundt Cakes with a 10‑year lease and scheduled rent increases; Leased to Chubby's Neighborhood Cafe with a 121 month lease and scheduled rent increases
(801) 456-8800 Call to check price and availability
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