Retail Center Partial
4043 Riverdale Road Ogden, UT 84405
For Sale
Contact for pricing
Own a portion of Riverdale Center anchored by national credit retailers Ross and Staples with current lease renewals.
Property Size65,515 SF
Lot Size6.94 Acres
Price / SF$153.09
Days on Market96
Property Features for 4043 Riverdale Road
General Information
- Standard status
- Active
- Size
- 65,515 SF
- Lot size
- 6.94 Acres
- Property subtype
- Retail
Listing Agency:
Newmark Mountain West
Listed By:
Nick Clark · License #5497941-SA00
Source:
Crexi
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 8:37AM
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 Newmark Mountain West
Investment Insights
Based on property information with market context.
This offering provides an opportunity to own a portion of the Riverdale Center retail complex. The investment is supported by two longstanding national credit tenants, Ross and Staples, with renewal activity noted as a new ten-year renewal for Ross and a new three-year renewal for Staples. The property remarks also indicate below-market rent levels for the mid-box market, along with stable occupancy performance.
The center is positioned on Riverdale Road in Weber County, adjacent to a new townhome development. Riverdale Road is described as one of the busiest roads in Utah, with 55,708 ADT, and the area continues to see redevelopment and additional national retail development.
The remarks further highlight a planned redevelopment context nearby, with Newgate Mall slated for redevelopment. The offering references 6.94 acres on Riverdale Road next to Newgate Mall as part of the opportunity for long-term redevelopment planning while maintaining in-place rental income.
The center is positioned on Riverdale Road in Weber County, adjacent to a new townhome development. Riverdale Road is described as one of the busiest roads in Utah, with 55,708 ADT, and the area continues to see redevelopment and additional national retail development.
The remarks further highlight a planned redevelopment context nearby, with Newgate Mall slated for redevelopment. The offering references 6.94 acres on Riverdale Road next to Newgate Mall as part of the opportunity for long-term redevelopment planning while maintaining in-place rental income.
Key Highlights
- Portion of Riverdale Center anchored by national credit tenants Ross and Staples
- Ross has a new 10‑year renewal; Staples has a new 3‑year renewal
- 6.94‑acre site on Riverdale Road adjacent to Newgate Mall, planned for redevelopment
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.27M | $19.44 |
| − Vacancy | −$63.7k | −$0.97 |
| EGI | $1.21M | $18.47 |
| − OpEx | −$363.0k | −$5.54 |
| NOI | $847.0k | $12.93 |
65,515 SF · lease $19.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$12.10M
$10.59M – $14.12M
NOI $846,952 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.11M
$13.22M – $17.63M
NOI $1,057,739 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ross Dress for Less
Clothing Store
Staples Travel Services
(Bike/Boat/Book/etc) Store
Tip Top K9 ...
Animal Training
Instantemd.com
Consultant
Castle Cove
Marketing & Advertising
Similar Off Market Nearby
- Newgate Mall — 3651 Wall Ave, Ogden, UT 84405
- Coinstar Kiosk | Bitcoin ATM — Associated Food Stores, 325 East 36th St., Ogden, UT 84405
- Riverdale Shopping Center — 4027 Riverdale Rd, Ogden, UT 84405
- Coin Cloud Bitcoin ATM — 3651 Wall Ave, Ogden, UT 84405
- Family Center-Riverdale East — Riverdale Rd, Ogden, UT 84405
FAQs
What type of property is this?
Shopping center - Own a portion of Riverdale Center anchored by national credit retailers Ross and Staples with current lease renewals.
Where is this shopping center located?
The property is located at 4043 Riverdale Road Ogden, UT.
What is the asking price?
The asking price for this property is $10,029,789.
What are key features of this property?
This property features: Portion of Riverdale Center anchored by national credit tenants Ross and Staples; Ross has a new 10‑year renewal; Staples has a new 3‑year renewal; 6.94‑acre site on Riverdale Road adjacent to Newgate Mall, planned for redevelopment
