Freestanding Retail
For Sale
$2,299,007
75 N 200 W, Hurricane, UT 84737
Single-story space offers separate entrances, loading access, and restroom facilities for flexible commercial occupancy.
Property Size9,600 SF
Lot Size0.51 Acres
Price / SF$239.48
Days on Market32
Property Features for 75 N 200 W
General Information
Standard status
Active
Size
9,600 SF
Lot size
0.51 Acres
Additional Details
Highway Access
Yes
Building Details
Year Built
1995
Buildings
1
Stories
1
Construction
block
Tenancy
Single
Listing Agency:
ZION LUXURY PROPERTIES
(435) 922-6047
Listed By:
Julian Coiner · License #12248521-PB
Source:
Utahluxuryhometeam
Added: Jul 29
Changed: Aug 29
Last Checked: Aug 29 at 10:37AM
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 ZION LUXURY PROPERTIES
Investment Insights
Based on property information with market context.
This freestanding retail property contains approximately 9,600 SF in a single-story building constructed in 1995. Block construction is complemented by stucco and stone exterior finishes. Interior features include two separate entrances, one roll-up door, three restrooms—including one with a shower—and four roof-mounted HVAC units. The layout may also support division into multiple suites, subject to applicable requirements.
The property occupies 0.51 acres at 75 N 200 W in Hurricane, near Utah State Route 9 and the downtown commercial corridor. Nearby uses include restaurants, retail businesses, professional offices, and service providers, with parks, schools, and government buildings also identified in the surrounding area. TK Fitness currently occupies the building under a month-to-month lease, providing an existing occupancy arrangement for an owner-user or investor.
The property occupies 0.51 acres at 75 N 200 W in Hurricane, near Utah State Route 9 and the downtown commercial corridor. Nearby uses include restaurants, retail businesses, professional offices, and service providers, with parks, schools, and government buildings also identified in the surrounding area. TK Fitness currently occupies the building under a month-to-month lease, providing an existing occupancy arrangement for an owner-user or investor.
Key Highlights
- 9,600 +/- SF freestanding retail building on a 0.51‑acre lot
- Single‑story block construction with stucco and stone exterior
- Two separate entrances and one roll‑up door
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
$118,299
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
5.15%
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%
$2,365,980
$2.4M
Cap Rate 7%
$1,689,986
$1.7M
Cap Rate 9%
$1,314,433
$1.3M
Market Conditions
NOI Build-Up for 9,600 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
$172.8K $18.00/SF
− Vacancy
−$3.8K −$0.40/SF
EGI
$169.0K $17.60/SF
− OpEx
−$50.7K −$5.28/SF
NOI
$118.3K $12.32/SF
Area
Washington County, UT
Vacancy
2.20%
Lease Rate
$18.00 /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%
$2,365,980
Cap Rate 7%
$1,689,986
Cap Rate 9%
$1,314,433
Alternative Uses
Best Use
Retail
$1.69M
$1.48M – $1.97M
NOI $118,299 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.08M
NOI $185,051 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 31%
Electronics 3%
Hotels & Casinos 2%
Maverik Adventures First Stop
Shops & Services
16,353 visits/mo
0.4 miles
Taco Bell
Dining
11,097 visits/mo
0.2 miles
Sinclair
Shops & Services
7,303 visits/mo
0.1 miles
Wells Fargo
Shops & Services
3,068 visits/mo
0.2 miles
Domino's Pizza
Dining
2,797 visits/mo
0.2 miles
Demographics for 84737, UT
21,212
Population
9,320
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
250.1 sq mi
ZIP Area
85
Density / Sq Mi
$70,417
Median Household Income
$31,315
Median Earnings
$1,239
Median Rent
$420,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Single-story space offers separate entrances, loading access, and restroom facilities for flexible commercial occupancy.
Where is this storefront property located?
The property is located at 75 N 200 W Hurricane, UT.
What is the asking price?
The asking price for this property is $2,299,007.
What are key features of this property?
This property features: 9,600 +/- SF freestanding retail building on a 0.51‑acre lot; Single‑story block construction with stucco and stone exterior; Two separate entrances and one roll‑up door
