Shopping Center with Retail, Office, and Medical
For Sale
Contact for pricing
134 W 1180 N St, Tooele, UT 84074
Shopping center offering versatile retail, office, and medical space with established tenants and strong nearby retail demand drivers.
Property Size17,066 SF
Price / SF$257.82
Days on Market155
Property Features for 134 W 1180 N St
General Information
Standard status
Active
Size
17,066 SF
Property subtype
RETAIL
Building Details
Tenancy
Multi
Listing Agency:
Newmark Mountain West
(801) 456-8811
Listed By:
Andy Moffitt · License #UT 6797474-SA00
Source:
Moodyscre
Added: Feb 27
Changed: Jul 30
Last Checked: Aug 1 at 6:32AM
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 shopping center totals 17,066 SF of versatile space that can support retail, office, and/or medical uses. Established tenants include Wise Choice Realty, Holt’s Pharmacy, and D’Lux Tanning Salon, providing in-place occupancy as an owner-user or investor looks to operate and benefit from rental income.
The center sits off a busy main street in Tooele County. It is surrounded by major retailers including NAPA Auto Parts, Cafe Rio, Panda Express, and Deseret Industries, and it is situated next to a Walmart in Tooele.
Tooele is roughly 35 minutes from Downtown Salt Lake City, and the county has seen a 16% increase in population since 2020.
The center sits off a busy main street in Tooele County. It is surrounded by major retailers including NAPA Auto Parts, Cafe Rio, Panda Express, and Deseret Industries, and it is situated next to a Walmart in Tooele.
Tooele is roughly 35 minutes from Downtown Salt Lake City, and the county has seen a 16% increase in population since 2020.
Key Highlights
- Total 17,066 SF of versatile retail, office, and/or medical space
- Established tenants include Wise Choice Realty, Holt’s Pharmacy, and D’Lux Tanning Salon
- Situated next to a Walmart in Tooele
Financial Insights For Office B
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 | $366.6k | $21.48 |
| − Vacancy | −$36.7k | −$2.15 |
| EGI | $329.9k | $19.33 |
| − OpEx | −$82.5k | −$4.83 |
| NOI | $247.4k | $14.50 |
17,066 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.53M
$3.09M – $4.12M
NOI $247,440 @ 7.0% cap · market cap 5.62%
Second Best
Healthcare Medical
$3.30M
$2.89M – $3.85M
NOI $230,944 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$4.60M
$4.02M – $5.36M
NOI $321,848 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84074, UT
55,001
Population
18,128
Households
3
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$102,313
Median Household Income
$47,385
Median Earnings
$1,197
Median Rent
$383,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — 740 N Main St Lucky's, Tooele, UT 84074
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offering versatile retail, office, and medical space with established tenants and strong nearby retail demand drivers.
Where is this shopping center located?
The property is located at 134 W 1180 N St Tooele, UT.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Total 17,066 SF of versatile retail, office, and/or medical space; Established tenants include Wise Choice Realty, Holt’s Pharmacy, and D’Lux Tanning Salon; Situated next to a Walmart in Tooele
