Building Details

Year Built 2016

Listed By: Zachary Hatch Show Phone

Source: Naiglobal

Added: Mar 6 Changed: Jul 6 Last Checked: Oct 16 at 7:36AM

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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 Zachary Hatch

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Investment Insights

Based on property information with market context.

This property features an existing second generation pharmacy space available for rent.

Key Highlights

• Existing pharmacy space
• Second generation pharmacy space
• Built in 2016

Property Analytics

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Current Use

Drug stores

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Garden Center Storage Facility Bakery

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

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 84653, UT

11,103

Population

3,235

Households

3.4

Avg Household Size

30

Median Age

41%

College-Educated

98%

High-School Grad

16.1 sq mi

ZIP Area

690

Density / Sq Mi

$111,420

Median Household Income

$48,182

Median Earnings

$1,581

Median Rent

$569,300

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Drug store - Second generation pharmacy space available for rent.

Where is this drug store located?

The property is located at 555 W State Road 164 Salem, UT.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Existing pharmacy space; Second generation pharmacy space; Built in 2016