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West Valley City Investment Property

4650 Constitution Boulevard Salt Lake City, UT 84129

Claim this Listing
For Sale
$1,038,046

3,472 SF lube and oil service center for sale.

Type:BO, SCR
Property size:
3,472 SF
Lot size:
0.30 Acres
Price / SF:
$298/SF
Added:
Jan 6, 2026
Days on Market:
186
Last Refresh:
Jun 29 at 11:11 pm

Property Features for 4650 Constitution Boulevard

General Information

Standard status
Active
Size
3,472 SF
Lot size
0.30 Acres
Property subtype
BO, SCR

Building Details

Year Built
1999

Listing office KW Utah Realtors Keller Williams (Brickyard)

Listing date Jan 6, 2026

Source Realnex

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 KW Utah Realtors Keller Williams (Brickyard)


Investment Insights

Based on property information with market context.

Located in West Valley City, this property is a 3,472 square-foot lube and oil service center situated on a 0.30-acre lot. Constructed in 1999, the facility features three service bays, three pits, and one two-post lift. The property is currently in year 3 of a 5-year NNN lease with a proven operator, generating an annual net operating income of $67,473 with 3% annual increases. The site benefits from strong visibility and easy access in a busy commercial corridor of West Valley City, making it a turnkey setup for ongoing automotive service operations.

Key Highlights

  • Rock‑solid investment opportunity.
  • Existing NNN lease generates $67,473 annual NOI with 3% annual increases.
  • Turnkey automotive service center with three service bays, three pits, and one two‑post lift.

Local 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 $76.2k $21.96
− Vacancy −$2.1k −$0.61
EGI $74.1k $21.35
− OpEx −$22.2k −$6.40
NOI $51.9k $14.94
3,472 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$741.1K
$648.5K – $864.6K (±1% cap)
NOI $51,877 @ 7.0% cap · market cap 5.00%
Second Best
Industrial
$325.4K
$284.7K – $379.7K (±1% cap)
NOI $22,779 @ 7.0% cap · market cap 2.19%
Theoretical Best
Office A
$935.4K
$818.5K – $1.09M (±1% cap)
NOI $65,478 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Skin Care Clinic Auto Parts Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Master Lube — west valley city, ut 84119
  • Sinclair Auto — 2729 W 4700 S, Salt Lake City, UT 84118
  • motor speedway — 3399 w 4700 s, taylorsville, ut 84129

FAQs

What type of property is this?
Auto shop - 3,472 SF lube and oil service center for sale.
Where is this auto shop located?
The property is located at 4650 Constitution Boulevard Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,038,046.
What are key features of this property?
This property features: Rock‑solid investment opportunity.; Existing NNN lease generates $67,473 annual NOI with 3% annual increases.; Turnkey automotive service center with three service bays, three pits, and one two‑post lift.
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More about this property
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