Five-Tenant NNN Shopping
For Sale
Contact for pricing
844 W Telegraph Rd, Washington, UT 84780
Fully leased retail center with national anchors and a triple-net lease structure supporting limited landlord responsibilities.
Property Size51,632 SF
Price / SF$267.40
Days on Market61
Property Features for 844 W Telegraph Rd
General Information
Standard status
Active
Size
51,632 SF
Total Parking Spaces
267
Property subtype
Retail
Zoning
Commercial - Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$828,382
Additional Details
Anchor Co-Tenants
Best Buy, Boot Barn
Building Details
Year Built
2003
Buildings
1
Tenancy
Multi
Listing Agency:
Graystone Capital Advisors
Listed By:
Brenton Baskin · License #CA 01808681
(949) 942-1300
Source:
Crexi
Added: Aug 14
Changed: Oct 4
Last Checked: Oct 12 at 8:56PM
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 Graystone Capital Advisors
Investment Insights
Based on property information with market context.
Telegraph Marketplace is a 51,632-square-foot shopping center built in 2003 and occupied by five retail tenants under NNN leases. Best Buy and Boot Barn comprise approximately 82% of the gross leasable area, with additional tenancy from America's Best Contacts & Eyeglasses, Tan Republic, and a long-tenured mattress retailer. The property is 100% occupied, and its leases have a weighted average remaining term of approximately 7.4 years.
The center is located at 844 W. Telegraph Rd. in Washington, Utah, with direct exposure to Interstate 15 and Green Springs Drive. Traffic at the site exceeds 70,000 vehicles per day on Interstate 15 and 30,000 vehicles per day on Green Springs Drive. Two adjacent outparcels are occupied by Del Taco and In-N-Out Burger and are not included in the offering. Commercial - Retail zoning supports the property's established retail-center use.
The center is located at 844 W. Telegraph Rd. in Washington, Utah, with direct exposure to Interstate 15 and Green Springs Drive. Traffic at the site exceeds 70,000 vehicles per day on Interstate 15 and 30,000 vehicles per day on Green Springs Drive. Two adjacent outparcels are occupied by Del Taco and In-N-Out Burger and are not included in the offering. Commercial - Retail zoning supports the property's established retail-center use.
Key Highlights
- 51,632‑square‑foot shopping center built in 2003
- 100% occupied by five retail tenants
- NNN leases with approximately 7.4 years of weighted average lease term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$636,251
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,725,020
$12.7M
Cap Rate 7%
$9,089,300
$9.1M
Cap Rate 9%
$7,069,456
$7.1M
Market Conditions
NOI Build-Up for 51,632 SF
Gross rent
$929.4K $18.00/SF
− Vacancy
−$20.4K −$0.40/SF
EGI
$908.9K $17.60/SF
− OpEx
−$272.7K −$5.28/SF
NOI
$636.3K $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 Rate 5%
$12,725,020
Cap Rate 7%
$9,089,300
Cap Rate 9%
$7,069,456
Alternative Uses
Best Use
Retail
$9.09M
$7.95M – $10.60M
NOI $636,251 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$14.22M
$12.44M – $16.59M
NOI $995,264 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84780, UT
28,025
Population
12,922
Households
2.2
Avg Household Size
36
Median Age
35%
College-Educated
94%
High-School Grad
61.8 sq mi
ZIP Area
453
Density / Sq Mi
$94,103
Median Household Income
$42,098
Median Earnings
$1,581
Median Rent
$511,700
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?
Shopping center - Fully leased retail center with national anchors and a triple-net lease structure supporting limited landlord responsibilities.
Where is this shopping center located?
The property is located at 844 W Telegraph Rd Washington, UT.
What is the asking price?
The asking price for this property is $13,806,367.
What are key features of this property?
This property features: 51,632‑square‑foot shopping center built in 2003; 100% occupied by five retail tenants; NNN leases with approximately 7.4 years of weighted average lease term
