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7-Eleven Convenience Store
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2917 S Highland Dr, Salt Lake City, UT 84106

The 24-hour store is leased on an absolute NNN basis with a corporate guarantee.

Property SizeContact for details
Days on Market10

Property Features for 2917 S Highland Dr

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #177814
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 26 at 6:55AM

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 Bang Realty

Investment Insights

Based on property information with market context.

This 7-Eleven operates around the clock at 2917 S Highland Dr in Salt Lake City. The tenant has been at the site since 1964, and the property is offered as a fee-simple interest. An absolute NNN lease places no landlord responsibilities on the owner, and the lease is backed by a corporate guarantee from 7-Eleven, Inc. Contractual rent increases of 10% apply during the remaining lease term and all three five-year renewal options.

The property fronts South Highland Drive between Sugar House and Millcreek. Approximately 1,000 new residential units have been reported near Millcreek’s developing town center, about one mile south; the 193-unit Sugar Alley residences add housing density to the north along Highland Drive.

Key Highlights

  • 24‑hour 7‑Eleven convenience store
  • Fee‑simple interest subject to an absolute NNN lease with no landlord responsibilities
  • Corporate guarantee from 7‑Eleven, Inc.; tenant occupancy dates to 1964

Property Analytics

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Current Use

Western Union Bank 7-Eleven Grocery & Convenience Store Citibank ATM Atm ATM 7ELEVEN, INC. Bank

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Bakery Daycare Center Home Appliance Store

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

1,211
Businesses Nearby
164k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 35% Shops & Services 33% Apparel 20% Dining 11%
Harmons Grocery Groceries
56,661 visits/mo 0.5 miles
Ross Dress for Less Apparel
32,058 visits/mo 0.5 miles
Five Below Shops & Services
22,852 visits/mo 0.5 miles
America First Credit Union Shops & Services
12,952 visits/mo 0.4 miles
Del Taco Dining
10,491 visits/mo 0.1 miles

Demographics for 84106, UT

35,892
Population
16,782
Households
2.1
Avg Household Size
35
Median Age
57%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
5,982
Density / Sq Mi
$94,452
Median Household Income
$56,358
Median Earnings
$1,576
Median Rent
$529,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Grocery and convenience store - The 24-hour store is leased on an absolute NNN basis with a corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 2917 S Highland Dr Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,181,818.
What are key features of this property?
This property features: 24‑hour 7‑Eleven convenience store; Fee‑simple interest subject to an absolute NNN lease with no landlord responsibilities; Corporate guarantee from 7‑Eleven, Inc.; tenant occupancy dates to 1964
(888) 737-2264 Call to check price and availability
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