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5-Property Absolute NNN Portfolio
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3975 W 4700, Salt Lake City, UT 84129

Five single-tenant sites include drive-thru pads, a bank outparcel, and an automotive service location.

Property SizeContact for details
Days on Market145

Property Features for 3975 W 4700

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Buildings 5
Tenancy Single
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Jereme Snyder · License #CA 01360233
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 2:36PM

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 Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

This five-property portfolio comprises single-tenant net lease assets positioned across two Salt Lake City-area shopping centers. The mix includes a Starbucks drive-thru pad, a Burger King drive-thru, a Wells Fargo bank pad at a hard corner, a Popeyes outparcel, and a Jiffy Lube location in West Valley. The properties are structured on an absolute NNN basis, with no landlord obligations, and include fixed rental increases.

Four assets are located along 4700 South near Home Depot, Smith’s grocery, and Walmart Neighborhood Market. Additional surrounding tenants include Chase Bank, Panda Express, Sonic Drive In, KFC, Dollar Tree, 7 Eleven, Game Stop, and Family Dollar. The Jiffy Lube is positioned as an outparcel to a KMart-anchored shopping center where plans are underway to redevelop the center. The portfolio may be acquired together or on an individual-property basis.

Key Highlights

  • 5‑property single‑tenant NNN portfolio
  • Absolute NNN leases with no landlord obligations
  • Includes Starbucks and Burger King drive‑thru properties

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Auto Repair Shop Big Box & Wholesale 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby
241k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Home Improvements & Furnishings 24% Shops & Services 22% Dining 20%
Smith's Groceries
41,780 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
40,903 visits/mo 0.3 miles
Walmart Neighborhood Market Groceries
36,855 visits/mo 0.4 miles
Dollar Tree Shops & Services
24,723 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
12,794 visits/mo 0.2 miles

Demographics for 84129, UT

37,421
Population
12,532
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
6.7 sq mi
ZIP Area
5,585
Density / Sq Mi
$94,051
Median Household Income
$45,173
Median Earnings
$1,546
Median Rent
$399,200
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Five single-tenant sites include drive-thru pads, a bank outparcel, and an automotive service location.
Where is this nnn property located?
The property is located at 3975 W 4700 Salt Lake City, UT.
What are key features of this property?
This property features: 5‑property single‑tenant NNN portfolio; Absolute NNN leases with no landlord obligations; Includes Starbucks and Burger King drive‑thru properties
(949) 724-5561 Call to check price and availability
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