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Single-Tenant NNN Retail Building
For Sale
Contact for pricing
Pending

1820 Bangerter Hwy, Salt Lake City, UT 84104

Long-term absolute NNN retail lease with 13 years remaining and multiple 5-year options, built in 2021.

Property SizeContact for details
Lot Size1.43 Acres
Days on Market142

Property Features for 1820 Bangerter Hwy

General Information

Standard status Pending
Lot size 1.43 Acres
Property subtype Retail

Site & Location

Traffic Count 38,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2021
Listing Agency: STREAM Capital Partners
Listed By: Dean Copans · License #UT 13020774-PB0
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Aug 29 at 4:39AM

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 STREAM Capital Partners

Investment Insights

Based on property information with market context.

This single-tenant NNN retail building is offered with an absolute triple-net lease structure. The lease has 13 years remaining and includes 4, 5-year options, with 10% rent increases every 5 years during the primary term and the option periods. The property was constructed in 2021.

The site is located on a signalized hard corner on a 1.43-acre lot, providing exposure to 38,000 VPD, with direct positioning north of Hwy-201 (91,000 VPD). The surrounding area includes 44M SF of industrial space, supporting a steady influx of local warehouse customers.

As presented, this is a long-term, investment-grade credit lease offering in Salt Lake City with a modern, recently constructed facility and prominent arterial access.

Key Highlights

  • Long‑term absolute NNN lease with 13 years remaining plus 4, 5‑year options
  • 10% rent increases every 5 years during the primary term and option periods
  • Investment‑grade credit tenant with S&P rating of A

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Parking Lot & Garage Hair Salon Grocery & Convenience Store Daycare Center

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

Lease Details

38,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 84104, UT

23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value

Market

Vacancy Rate% for Retail in Salt Lake City, UT

6.5% 2019
7.5% 2020
5% 2021
3.5% 2022
4.2% 2023
4.2% 2024
3.5% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Long-term absolute NNN retail lease with 13 years remaining and multiple 5-year options, built in 2021.
Where is this nnn property located?
The property is located at 1820 Bangerter Hwy Salt Lake City, UT.
What are key features of this property?
This property features: Long‑term absolute NNN lease with 13 years remaining plus 4, 5‑year options; 10% rent increases every 5 years during the primary term and option periods; Investment‑grade credit tenant with S&P rating of A
(650) 465-3993 Call to check price and availability
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