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O'Reilly Auto Parts NNN Retail
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1566 S 2000 W, Syracuse, UT 84075

Automotive retail building with lease term remaining and two extension options.

Property Size7,000 SF
Days on Market143

Property Features for 1566 S 2000 W

General Information

Standard status Active
Size 7,000 SF
Property subtype Retail

Building Details

Year Built 2007
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Marcus & Millichap - Salt Lake City
Listed By: Andrew Knudsen · License #UT 9115765-SA00
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:01PM

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 Marcus & Millichap - Salt Lake City

Investment Insights

Based on property information with market context.

This Syracuse automotive retail property includes a 7,000 square foot building constructed in 2007 and operated under an initial 15-year lease term. The current term has 1.7 years remaining, followed by two 5-year renewal options that provide for 10% rental increases. The asset is classified as an NNN property and is occupied by O'Reilly Auto Parts, an automotive aftermarket retailer serving professional customers and do-it-yourself consumers.

The property is positioned in front of a Walmart Supercenter in Syracuse, Utah. Syracuse is approximately 35 minutes north of downtown Salt Lake City and serves as a gateway to Antelope Island State Park. The surrounding community had an estimated population of 31,458 and has reportedly tripled in size since 2000.

Key Highlights

  • 7,000 square foot automotive retail building constructed in 2007
  • 1.7 years remaining on the initial lease term
  • Two 5‑year renewal options with 10% rental increases

Property Analytics

Current Use

O'REILLY AUTO PARTS ... Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Hair Salon

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
157k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 56% Dining 33% Shops & Services 6% Beauty & Spa 3%
Walmart Superstores
87,324 visits/mo 0.2 miles
Carl's Jr. Dining
12,078 visits/mo 0.1 miles
Cafe Zupas Dining
11,359 visits/mo 0.0 miles
Wendy's Dining
11,046 visits/mo 0.1 miles
Maverik Adventures First Stop Shops & Services
8,876 visits/mo 0.2 miles

Demographics for 84075, UT

32,274
Population
9,575
Households
3.4
Avg Household Size
29
Median Age
38%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
925
Density / Sq Mi
$132,459
Median Household Income
$50,839
Median Earnings
$2,006
Median Rent
$532,800
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?
NNN property - Automotive retail building with lease term remaining and two extension options.
Where is this nnn property located?
The property is located at 1566 S 2000 W Syracuse, UT.
What are key features of this property?
This property features: 7,000 square foot automotive retail building constructed in 2007; 1.7 years remaining on the initial lease term; Two 5‑year renewal options with 10% rental increases
(801) 736-2648 Call to check price and availability
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