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Single-Tenant Net Lease Retail
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6651 S State St, Salt Lake City, UT 84107

Single-tenant net lease with renewal options in the Murray retail trade area.

Days on Market8

Property Features for 6651 S State St

General Information

Standard status Active
Property subtype RETAIL
Listing Agency: Mountain West - Corporate
Listed By: J.R. Howa · License #5500481-SA00
Source: Moodyscre
Added: Jul 23 Changed: Jul 26 Last Checked: Jul 29 at 2:44PM

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 Mountain West - Corporate

Investment Insights

Based on property information with market context.

This single-tenant retail net lease investment opportunity is presented for sale by an owner agent. The offering includes options to renew and annual increases during both the primary term and any option periods.

The property is described as being in the heart of the Murray retail trade area. The seller-provided information also cites a 6% cap rate. For additional details and lease documentation, contact the listing agent via email.

Key Highlights

  • Single‑tenant net lease investment opportunity
  • Cap rate: 6
  • Options to renew

Property Analytics

Current Use

Get Some Guns ... Gun Shop

Suggested Use

Top Pick Law Firm Wine and Liquor Store Nursing Home Daycare Center Bakery Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
561k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 38% Dining 25% Shops & Services 13% Superstores 13%
Dillard's Apparel
114,470 visits/mo 0.3 miles
Sam's Club Superstores
73,009 visits/mo 0.1 miles
Nordstrom Apparel
65,366 visits/mo 0.5 miles
Sam's Club Gas Station Shops & Services
37,992 visits/mo 0.1 miles
The Container Store Home Improvements & Furnishings
33,846 visits/mo 0.4 miles

Demographics for 84107, UT

37,713
Population
17,287
Households
2.2
Avg Household Size
34
Median Age
38%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
5,028
Density / Sq Mi
$73,469
Median Household Income
$46,098
Median Earnings
$1,387
Median Rent
$426,000
Median Home Value

Market

Vacancy Rate% for Retail in Salt Lake City, UT

6.5% 2019
7.5% 2020
5% 2021
3.5% 2022
4.2% 2023
4.2% 2024
3.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Single-tenant net lease with renewal options in the Murray retail trade area.
Where is this storefront property located?
The property is located at 6651 S State St Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,673,468.
What are key features of this property?
This property features: Single‑tenant net lease investment opportunity; Cap rate: 6; Options to renew
(801) 578-5545 Call to check price and availability
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