For-Sale Retail
For Sale
Contact for pricing
1285 East 3900 South, Salt Lake City, UT 84124
For-sale retail property offering 7,518 square feet of space.
Property Size7,518 SF
Price / SF$241.42
Days on Market125
Property Features for 1285 East 3900 South
General Information
Standard status
Active
Size
7,518 SF
Property subtype
Retail
Building Details
Buildings
1
Listing Agency:
Newmark Mountain West
Listed By:
J.R. Moore · License #UT 5485725-SA00
(801) 550-2030
Source:
Crexi
Added: Jun 22
Changed: Oct 6
Last Checked: Oct 23 at 7:10AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail building offers 7,518 square feet of retail space, suitable for a variety of neighborhood-scale uses where a dedicated retail footprint is required.
The property is located at 1285 East 3900 South in Salt Lake City, UT 84124.
The property is located at 1285 East 3900 South in Salt Lake City, UT 84124.
Key Highlights
- For‑sale retail property with 7,518 SqFt of space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,331
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,246,620
$2.2M
Cap Rate 7%
$1,604,729
$1.6M
Cap Rate 9%
$1,248,122
$1.2M
Market Conditions
NOI Build-Up for 7,518 SF
Gross rent
$165.1K $21.96/SF
− Vacancy
−$4.6K −$0.61/SF
EGI
$160.5K $21.35/SF
− OpEx
−$48.1K −$6.40/SF
NOI
$112.3K $14.94/SF
Area
Salt Lake City, UT
Vacancy
2.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,246,620
Cap Rate 7%
$1,604,729
Cap Rate 9%
$1,248,122
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $112,331 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.77M – $2.36M
NOI $141,782 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
5,668 visits/mo
0.3 miles
Chevron
Shops & Services
2,350 visits/mo
0.3 miles
Demographics for 84124, UT
22,872
Population
8,976
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
2,970
Density / Sq Mi
$117,500
Median Household Income
$53,551
Median Earnings
$1,460
Median Rent
$704,400
Median Home Value
Market
Vacancy Rate% for Retail in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Retail space - For-sale retail property offering 7,518 square feet of space.
Where is this retail space located?
The property is located at 1285 East 3900 South Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,815,000.
What are key features of this property?
This property features: For‑sale retail property with 7,518 SqFt of space
