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Walgreens NNN Retail Property
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1962 W 1800 N, Clinton, UT 84015

The lease places property-level responsibilities with the tenant under an absolute NNN structure.

Property SizeContact for details
Days on Market142

Property Features for 1962 W 1800 N

General Information

Standard status Active
Property subtype Retail
Listing Agency: SRS Real Estate Partners Salt Lake City
Listed By: Chris Mullin · License #UT License No. 12298078-SA00
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:39AM

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 SRS Real Estate Partners Salt Lake City

Investment Insights

Based on property information with market context.

This fee-simple retail property is occupied by a Walgreens store under an absolute NNN lease signed by Walgreen Co., rated S&P: BBB. More than 6 years remain in the firm lease term, followed by 10 options of 5 years each. The structure assigns no landlord responsibilities, and the tenant provides a corporate obligation.

The property occupies a signalized corner at W. 1800 N and State Highway 108 in Clinton, Utah, with combined traffic of 39,400 vehicles per day. Interstate 15 ramp access is nearby, with 125,000 vehicles passing daily. A pylon sign and substantial street frontage support site identification. The store is positioned as an outparcel to Park Plaza, a 300,000+ SF shopping center anchored by Lowe’s, Kohl’s, Ross Dress for Less, and Petco. Additional surrounding retailers include Walmart Supercenter, Jo-Ann Fabrics, AutoZone, O’Reilly Auto Parts, Smith’s, and WinCo Foods.

Key Highlights

  • Walgreens lease signed by Walgreen Co.; S&P: BBB corporate credit
  • Absolute NNN lease with zero landlord responsibilities
  • More than 6 years of firm term remaining, plus 10 options of 5 years each

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Dollar Tree Shops & Services
22,421 visits/mo 0.2 miles
The UPS Store Shops & Services
15,320 visits/mo 0.2 miles
Little Caesars Pizza Dining
8,820 visits/mo 0.1 miles
7-Eleven Shops & Services
8,521 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
4,422 visits/mo 0.3 miles

Demographics for 84015, UT

68,548
Population
23,058
Households
3
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
3,296
Density / Sq Mi
$92,634
Median Household Income
$43,208
Median Earnings
$1,385
Median Rent
$377,200
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 - The lease places property-level responsibilities with the tenant under an absolute NNN structure.
Where is this nnn property located?
The property is located at 1962 W 1800 N Clinton, UT.
What are key features of this property?
This property features: Walgreens lease signed by Walgreen Co.; S&P: BBB corporate credit; Absolute NNN lease with zero landlord responsibilities; More than 6 years of firm term remaining, plus 10 options of 5 years each
(480) 221-4221 Call to check price and availability
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