7770 S 1300 E, Sandy, UT 84094

Building Details

Buildings 1 More

Listing Agency: Newmark Mountain West

Listed By: Scott Brady · License #UT 5500481-SA00 Show Phone

Source: Crexi

Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 4:28PM

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Investment Insights

Based on property information with market context.

The storefront property includes a 5,811 SF building on a 1.55-acre parcel. Commercial zoning and the stated potential for casual dining or quick-service restaurant use provide context for the site's use profile.

At 7770 S 1300 E in Sandy, the property is positioned within an established commercial corridor and is offered for sale.

Key Highlights

• 5,811 SF building on 1.55 acres
• Commercial zoning
• Casual dining or QSR use potential

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$87,031

Cap Rate

4.84%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,740,620 $1.7M

Cap Rate 7%

$1,243,300 $1.2M

Cap Rate 9%

$967,011 $967.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,811 SF

Gross rent

$127.6K $21.96/SF

− Vacancy

−$3.3K −$0.56/SF

EGI

$124.3K $21.40/SF

− OpEx

−$37.3K −$6.42/SF

NOI

$87.0K $14.98/SF

Area

Salt Lake County, UT

Vacancy

2.57%

Lease Rate

$21.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,740,620

Cap Rate 7%

$1,243,300

Cap Rate 9%

$967,011

Alternative Uses

Best Use

Retail

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $87,031 @ 7.0% cap · market cap 4.84%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.57M

$1.37M – $1.83M (±1% cap)

NOI $109,590 @ 7.0% cap · market cap 6.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Outback Steakhouse Restaurant

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Storage Facility Grocery & Convenience Store

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

976

Businesses Nearby

100k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 34% Dining 32% Leisure 32% Apparel 1%

Cinemark Century Sandy Union Heights 16 Leisure

31,869 visits/mo 0.0 miles

Maverik Adventures First Stop Shops & Services

15,156 visits/mo 0.5 miles

Outback Steakhouse Dining

10,208 visits/mo 0.1 miles

Quick Quack Car Wash Shops & Services

9,512 visits/mo 0.2 miles

Little Caesars Pizza Dining

7,516 visits/mo 0.2 miles

Demographics for 84094, UT

28,751

Population

9,715

Households

3

Avg Household Size

36

Median Age

39%

College-Educated

95%

High-School Grad

5.1 sq mi

ZIP Area

5,637

Density / Sq Mi

$102,881

Median Household Income

$49,562

Median Earnings

$1,851

Median Rent

$474,700

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Salt Lake County, UT

$418 Jul

$392 Aug

$425 Sep

$461 Oct

Properties on Market for Storefront properties in Salt Lake County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - A commercially zoned property with a building and substantial land area in an established business corridor.

Where is this storefront property located?

The property is located at 7770 S 1300 E Sandy, UT.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: 5,811 SF building on 1.55 acres; Commercial zoning; Casual dining or QSR use potential