Retail Space with Lease
New
For Sale
Contact for pricing
875-967 W Red Cliffs Dr, Washington, UT 84780
The offering is for the business only, with lease options associated with the existing occupancy.
Property Size1,400 SF
Price / SF$200
Days on Market5
Property Features for 875-967 W Red Cliffs Dr
General Information
Standard status
Active
Size
1,400 SF
Property subtype
RETAIL
Additional Details
Business Included
Yes
Listing Agency:
NAI Excel
(435) 628-1609
Listed By:
Curren Christensen · License #6431250-SA00
(435) 627-5752
Source:
Moodyscre
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 2:42PM
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 NAI Excel
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering covers the business only, not the real estate. The associated retail space measures 1,400 square feet and has an existing occupant. Lease options are available as part of the occupancy arrangement.
Key Highlights
- 1,400‑square‑foot retail space
- Business‑only sale; real estate is not included
- Existing occupant with lease options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,252
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,040
$345.0K
Cap Rate 7%
$246,457
$246.5K
Cap Rate 9%
$191,689
$191.7K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$25.2K $18.00/SF
− Vacancy
−$554 −$0.40/SF
EGI
$24.6K $17.60/SF
− OpEx
−$7.4K −$5.28/SF
NOI
$17.3K $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%
$345,040
Cap Rate 7%
$246,457
Cap Rate 9%
$191,689
Alternative Uses
Best Use
Retail
$246.5K
$215.7K – $287.5K
NOI $17,252 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$385.5K
$337.3K – $449.8K
NOI $26,987 @ 7.0% cap · market cap 9.64%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
887k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 34%
Shops & Services 26%
Dining 15%
Apparel 13%
Costco Wholesale
Superstores
164,462 visits/mo
0.2 miles
Walmart
Superstores
134,954 visits/mo
0.3 miles
Costco Gasoline
Shops & Services
63,985 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
44,845 visits/mo
0.1 miles
Kohl's
Apparel
33,862 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The offering is for the business only, with lease options associated with the existing occupancy.
Where is this retail space located?
The property is located at 875-967 W Red Cliffs Dr Washington, UT.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,400‑square‑foot retail space; Business‑only sale; real estate is not included; Existing occupant with lease options
