NNN-Leased Day Care
New
For Sale
$1,766,500
4540 S 900 E, Salt Lake City, UT 84117
The absolute NNN lease has five years remaining and provides for annual rent increases.
Property SizeContact for details
Days on Market3
Property Features for 4540 S 900 E
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$105,992
Financials
Asking Price
$1,766,500
Cap Rate
6%
Site & Location
Traffic Count
55,000 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Salt Lake City - Millrock
Listed By:
Jared Booth
(801) 947-8350
Source:
Colliers
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:27AM
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 Salt Lake City - Millrock
Investment Insights
Based on property information with market context.
This day care property is occupied by Learning Tree Schools, an early childhood education operator with three Salt Lake Valley locations. The tenant has operated since 1979 and has been in place at this property since 1984. The absolute NNN lease has five years remaining, includes 2% annual rent escalations, and carries a 6.0% cap rate. A new roof was installed in 2025.
The property is at 4540 S 900 E in Salt Lake City. Reported 2024 traffic totals 55,000 vehicles per day across 4500 South and 900 East, comprising 30,000 and 25,000 vehicles, respectively. The Royce on 9th, a 420-unit housing development, is identified as coming online nearby. Adjacent retailers named include Walgreens, Walmart Supercenter, Verizon, US Bank, Smith's, and Big O Tires.
The property is at 4540 S 900 E in Salt Lake City. Reported 2024 traffic totals 55,000 vehicles per day across 4500 South and 900 East, comprising 30,000 and 25,000 vehicles, respectively. The Royce on 9th, a 420-unit housing development, is identified as coming online nearby. Adjacent retailers named include Walgreens, Walmart Supercenter, Verizon, US Bank, Smith's, and Big O Tires.
Key Highlights
- Absolute NNN lease with 5 years remaining and 2% annual rent escalations
- Tenant in place since 1984; Learning Tree Schools operates three Salt Lake Valley locations
- 2024 traffic: 55,000 vehicles per day combined on 4500 South and 900 East
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
55,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
Explore this area
Business Placement
Demographics for 84117, UT
25,675
Population
11,316
Households
2.3
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
4,585
Density / Sq Mi
$87,451
Median Household Income
$47,445
Median Earnings
$1,687
Median Rent
$581,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - The absolute NNN lease has five years remaining and provides for annual rent increases.
Where is this nnn property located?
The property is located at 4540 S 900 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,766,500.
What are key features of this property?
This property features: Absolute NNN lease with 5 years remaining and 2% annual rent escalations; Tenant in place since 1984; Learning Tree Schools operates three Salt Lake Valley locations; 2024 traffic: 55,000 vehicles per day combined on 4500 South and 900 East
