Herriman Investment Opportunity For
For Sale
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12283 South Herriman Main Street, Herriman, UT
Profitable bar with long-term lease in high-growth area.
Property Size4,950 SF
Price / SF$633.33
Days on Market361
Property Features for 12283 South Herriman Main Street
General Information
Standard status
Active
Size
4,950 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$188,100
Building Details
Year Built
2025
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Newmark Mountain West
(801) 456-8800
Listed By:
Ryan Stewart · License #UT 7890408-SA00
Source:
Crexi
Added: Aug 26, 2025
Changed: Aug 8
Last Checked: Aug 20 at 10:10AM
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 commercial property is located in a rapidly growing, high-income area, situated 2.5 miles southwest of the new Salt Lake City Bee’s Stadium and redevelopment area. The Station Bar recently signed a 5-year lease with 3% annual increases. Herriman experienced the fastest population growth among US cities with over 10,000 residents between 2010 and 2019. The surrounding retail district benefits from high traffic counts, with 36,660 ADT on Mountain View Corridor. The property is located within an area with a significant residential population: 18,943 residents within a 1-mile radius and 225,891 residents within a 5-mile radius. The average household income in the area is $137,955, with a median household income of $117,304. Nearby tenants include Winco Foods, Smith’s Marketplace, Taco Bell, McDonald’s, Quick Quack Car Wash, Panda Express, Mo’Bettas, Slim Chickens, JCW’s, Les Schwab, Zions Bank, and Premier Pick Ball Courts. The property is suitable for retail and restaurant businesses.
Key Highlights
- High Average Household Income: $137,955
- New 5‑Year Lease with 3% Annual Increases
- Located in a Rapid Growth Area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
Arctic Circle
Dining
9,238 visits/mo
0.5 miles
Chevron
Shops & Services
7,523 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
4,986 visits/mo
0.5 miles
Jiffy Lube
Shops & Services
1,693 visits/mo
0.5 miles
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Starbucks at Smith’s — 5560 13400 S, Herriman, UT 84096
Frequently Asked Questions
What type of property is this?
Bar & Pub - Profitable bar with long-term lease in high-growth area.
Where is this bar & pub located?
The property is located at 12283 South Herriman Main Street Herriman, UT.
What is the asking price?
The asking price for this property is $3,135,000.
What are key features of this property?
This property features: High Average Household Income: $137,955; New 5‑Year Lease with 3% Annual Increases; Located in a Rapid Growth Area
