Freeway Adjacent Retail
For Sale
Contact for pricing
5676 S 1900 W, Roy, UT 84067
Fully leased retail units with high visibility billboard.
Property Size5,870 SF
Price / SF$186.71
Days on Market144
Property Features for 5676 S 1900 W
General Information
Standard status
Active
Size
5,870 SF
Class
B
Total Parking Spaces
35
Property subtype
Retail
Zoning
Commercial- Downtown "East"
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$82,200
Building Details
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
Capital Advisors Real Estate
Listed By:
Ryan Myers · License #5537738SA00
Source:
Crexi
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 13 at 5:37AM
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 Capital Advisors Real Estate
Investment Insights
Based on property information with market context.
This commercial property features 5,870 square feet of retail space. It comprises three fully leased retail units situated adjacent to the freeway. A high visibility billboard is located on the property. The property is located across the freeway from Hill Air Force Base.
Key Highlights
- Fully leased retail units providing immediate income
- High visibility billboard generating additional revenue
- Freeway adjacent location offering excellent exposure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,885
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,517,700
$1.5M
Cap Rate 7%
$1,084,071
$1.1M
Cap Rate 9%
$843,167
$843.2K
Market Conditions
NOI Build-Up for 5,870 SF
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.
Gross rent
$114.1K $19.44/SF
− Vacancy
−$5.7K −$0.97/SF
EGI
$108.4K $18.47/SF
− OpEx
−$32.5K −$5.54/SF
NOI
$75.9K $12.93/SF
Area
Weber County, UT
Vacancy
5.00%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,517,700
Cap Rate 7%
$1,084,071
Cap Rate 9%
$843,167
Alternative Uses
Best Use
Retail
$1.08M
$948.6K – $1.26M
NOI $75,885 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,771 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 42%
Apparel 8%
Shops & Services 7%
Harmons Grocery
Groceries
50,528 visits/mo
0.4 miles
McDonald's
Dining
26,884 visits/mo
0.3 miles
Scooter's Coffee
Dining
8,708 visits/mo
0.5 miles
Burger King
Dining
7,189 visits/mo
0.4 miles
Guitar Center
Shops & Services
6,393 visits/mo
0.3 miles
Demographics for 84067, UT
39,194
Population
13,425
Households
2.9
Avg Household Size
32
Median Age
23%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
4,780
Density / Sq Mi
$90,918
Median Household Income
$42,987
Median Earnings
$1,557
Median Rent
$350,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased retail units with high visibility billboard.
Where is this retail space located?
The property is located at 5676 S 1900 W Roy, UT.
What is the asking price?
The asking price for this property is $1,096,000.
What are key features of this property?
This property features: Fully leased retail units providing immediate income; High visibility billboard generating additional revenue; Freeway adjacent location offering excellent exposure
