Advance Auto Parts Retail
4795 W 3500 S, West Valley City, UT 84120
For Sale
Contact for pricing
The corporate-backed tenant occupies the site under a NNN lease with renewal options.
Property Size6,889 SF
Lot Size1.06 Acres
Price / SF$359.80
Days on Market55
Property Features for 4795 W 3500 S
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Building Details
Tenancy
Listing Agency:
Graystone Capital Advisors
Listed By:
Jared Meyers · License UT 5722105-PB00
Source:
Crexi
Added: Sep 17
Changed: Nov 2
Last Checked: Nov 10 at 8:29AM
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 Graystone Capital Advisors
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Investment Insights
Based on property information with market context.
At 4795 W 3500 S in West Valley City, this single-tenant automotive retail property contains 6,889 square feet on 1.06 acres. Advance Auto Parts occupies the building, which is fully leased under a corporate-backed NNN agreement. The lease began July 21, 2016, and has a 15-year initial term, with approximately five years remaining. Four five-year renewal options extend the potential lease term through 2051, with contractual rent increases during each option period. The tenant’s obligations are limited, with the landlord retaining responsibility for the building structure and foundation.
The property is near Target, Walmart, Kohl’s, Lowe’s, The Home Depot, Costco, and Valley Fair Mall. Its address is 4795 W 3500 S, West Valley City, UT 84120.
The property is near Target, Walmart, Kohl’s, Lowe’s, The Home Depot, Costco, and Valley Fair Mall. Its address is 4795 W 3500 S, West Valley City, UT 84120.
Key Highlights
- 6,889 SF single‑tenant automotive retail property on 1.06 acres
- 100% leased to Advance Auto Parts under a corporate‑backed NNN lease
- 15‑year primary term began July 21, 2016; approximately 5 years remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,746
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,574,920
$1.6M
Cap Rate 7%
$1,124,943
$1.1M
Cap Rate 9%
$874,956
$875.0K
Market Conditions
NOI Build-Up for 6,889 SF
Gross rent
$115.7K $16.80/SF
− Vacancy
−$3.2K −$0.47/SF
EGI
$112.5K $16.33/SF
− OpEx
−$33.7K −$4.90/SF
NOI
$78.7K $11.43/SF
Area
West Valley City, UT
Vacancy
2.80%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,574,920
Cap Rate 7%
$1,124,943
Cap Rate 9%
$874,956
Alternative Uses
Best Use
Retail
$1.12M
$984.3K – $1.31M
NOI $78,746 @ 7.0% cap · market cap 3.18%
Second Best
Industrial
$843.9K
$738.4K – $984.5K
NOI $59,071 @ 7.0% cap · market cap 2.38%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,056 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
7-Eleven
Shops & Services
11,974 visits/mo
0.1 miles
America First Credit Union
Shops & Services
10,809 visits/mo
0.2 miles
Village Inn
Dining
6,698 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,079 visits/mo
0.3 miles
AutoZone
Shops & Services
4,219 visits/mo
0.5 miles
Demographics for 84120, UT
51,212
Population
14,184
Households
3.6
Avg Household Size
32
Median Age
15%
College-Educated
81%
High-School Grad
10.1 sq mi
ZIP Area
5,070
Density / Sq Mi
$90,847
Median Household Income
$36,899
Median Earnings
$1,434
Median Rent
$370,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Melott's — 3720 Sherington Dr, West Valley City, UT 84120
- Budget Truck Rental — 4310 W 3500 S, West Valley City, UT 84120
Frequently Asked Questions
What type of property is this?
Automotive property - The corporate-backed tenant occupies the site under a NNN lease with renewal options.
Where is this automotive property located?
The property is located at 4795 W 3500 S West Valley City, UT.
What is the asking price?
The asking price for this property is $2,478,672.
What are key features of this property?
This property features: 6,889 SF single‑tenant automotive retail property on 1.06 acres; 100% leased to Advance Auto Parts under a corporate‑backed NNN lease; 15‑year primary term began July 21, 2016; approximately 5 years remain
