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Retail Investment Property
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1147 & 1169 West Highway 40, Vernal, UT 84078

Retail offering with reported 9.00% cap and 18,358 SF for sale at 1147 & 1169 West Highway 40.

Property Size18,358 SF
Days on Market132

Property Features for 1147 & 1169 West Highway 40

General Information

Standard status Active
Size 18,358 SF
Property subtype Retail

Additional Details

Cap Rate 9%
Listing Agency: Newmark Mountain West
Listed By: Scott Brady · License #UT 5500481-SA00
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 5:07PM

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 for-sale retail investment is presented with a reported 9.00% CAP and totals 18,358 SF across 1147 and 1169 West Highway 40.

The property is located at 1147 & 1169 West Highway 40 in Vernal, Utah (84078).

Key Highlights

  • Retail offering for sale at 1147 & 1169 West Highway 40
  • Reported 18,358 SF retail space
  • Reported 9.00% cap rate

Property Analytics

Current Use

Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Parking Lot & Garage Garden Center Kitchen & Bath Showroom

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

474
Businesses Nearby
203k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 30% Groceries 15% Apparel 5%
Smith's Groceries
30,921 visits/mo 0.3 miles
Five Below Shops & Services
21,168 visits/mo 0.1 miles
Wendy's Dining
17,549 visits/mo 0.2 miles
SONIC Drive In Dining
14,454 visits/mo 0.0 miles
Cafe Rio Mexican Grill Dining
14,152 visits/mo 0.0 miles

Demographics for 84078, UT

29,172
Population
11,222
Households
2.6
Avg Household Size
31
Median Age
18%
College-Educated
89%
High-School Grad
1,337.2 sq mi
ZIP Area
22
Density / Sq Mi
$71,230
Median Household Income
$36,374
Median Earnings
$907
Median Rent
$279,000
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail offering with reported 9.00% cap and 18,358 SF for sale at 1147 & 1169 West Highway 40.
Where is this retail space located?
The property is located at 1147 & 1169 West Highway 40 Vernal, UT.
What are key features of this property?
This property features: Retail offering for sale at 1147 & 1169 West Highway 40; Reported 18,358 SF retail space; Reported 9.00% cap rate
(801) 828-0349 Call to check price and availability
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