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1808 1800 Clinton, UT 84015

Sponsored
For Sale
$3,465,000

14,482 SF, 4-Tenant Net Lease, 5% Cap Rate

Property size:
14,482 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Class A shopping center, located at 1808 W 1800 N in Clinton, Utah (84015), presents a compelling investment opportunity. The 14,482 square foot property, built in 2011 on a 1.59-acre lot, is currently 100% occupied by four tenants under a triple net (NNN) lease structure. The lease agreements include rent bumps and feature credit-rated tenants, including a national franchisee and corporate guarantees, ensuring a stable income stream. The property boasts a strong financial profile, with a net operating income (NOI) of $161,929 and a compelling 5.00% capitalization rate. The asking price is $3,465,000, translating to $239.26 per square foot. The remaining lease term is four years, providing immediate cash flow and long-term growth potential. The property is zoned CP1 and consists of a single, one-story building. This prime retail location in Davis County offers significant upside potential for savvy investors seeking a secure and profitable addition to their portfolio. The property's strong tenant mix and favorable lease terms make it an attractive investment in a thriving Utah market. This is a fully leased retail strip center with a national tenant.

Property Features for 1808 1800

General Information

Property type
Lifestyle centers
Square Feet
14,482 SF
Class
A
Lot Size
69,260 SF

Building Details

Year Built
2011
Buildings
1
Stories
1
Units
4

HighLights

  • $3,465,000 Asking Price for a Net Leased Shopping Center
  • 14,482 square foot, Class A retail property in Clinton, UT
  • 100% occupancy with four tenants, including national and regional credit‑rated tenants, under NNN leases with corporate guarantees
  • 5.00% Cap Rate with a $161,929 Net Operating Income (NOI)
  • 4‑year remaining lease term with rent bumps; $239.26 Price per Square Foot
  • Located at 1808 W 1800 N, Clinton, UT 84015, on a 1.59‑acre lot, built in 2011.
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Clinton
County
Davis
State
Utah
Longitude
-112.06094157026
Latitude
41.140356873987

FAQs

What type of property is this?
Lifestyle center - 14,482 SF, 4-Tenant Net Lease, 5% Cap Rate
Where is this lifestyle center located?
The property is located at 1808 1800 Clinton, UT.
What is the asking price?
The asking price for this property is $3,465,000.
What are key features of this property?
This property features: $3,465,000 Asking Price for a Net Leased Shopping Center; 14,482 square foot, Class A retail property in Clinton, UT; 100% occupancy with four tenants, including national and regional credit-rated tenants, under NNN leases with corporate guarantees
More about this property
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