For-Sale Retail
1285 East 3900 South Salt Lake City, UT 84124
For Sale
Contact for pricing
For-sale retail property offering 7,518 square feet of space.
Property Size7,518 SF
Price / SF$241.42
Days on Market32
Property Features for 1285 East 3900 South
General Information
- Standard status
- Active
- Size
- 7,518 SF
- Property subtype
- Retail
Listing Agency:
Newmark Mountain West
(801) 550-2030
Listed By:
J.R. Moore · License #UT 5485725-SA00
Source:
Crexi
Added: Jun 22
Changed: Jul 23
Last Checked: Jul 23 at 7:44AM
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 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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.1k | $21.96 |
| − Vacancy | −$4.6k | −$0.61 |
| EGI | $160.5k | $21.35 |
| − OpEx | −$48.1k | −$6.40 |
| NOI | $112.3k | $14.94 |
7,518 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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