7-Eleven Convenience
2917 S Highland Dr, Salt Lake City, UT 84106
For Sale
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The 24-hour store is leased on an absolute NNN basis with a corporate guarantee.
Property SizeContact for details
Days on Market55
Property Features for 2917 S Highland Dr
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Building Details
Tenancy
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License UT #701472
(859) 581-1113
Source:
Crexi
Added: Sep 17
Changed: Nov 8
Last Checked: Nov 10 at 9:06AM
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
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Investment Insights
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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.
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
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Salt Lake City, UT
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
