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    4115 Redwood Rd Salt Lake City, UT 84123

    For Lease
    $20 SF/Yr

    Taylorsville retail center: prime location.

    Lot size:
    110,172 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Meadowbrook Plaza Shopping Center, located at the gateway to Taylorsville, presents a unique investment opportunity. This highly visible, easily accessible shopping center is undergoing renovations, including a new façade. Boasting over 77,000 vehicles daily, it offers exceptional visibility and high traffic counts. Its convenient location, minutes from I-215 (north and southbound), provides easy access for customers. The center offers two attractive inline spaces: a 4,000 square foot unit available at $18 per square foot, NNN, and a larger 7,305 square foot space at a competitive $15 per square foot, NNN. Both spaces benefit from ample parking, outdoor lighting, and excellent Redwood Road exposure. Additional features include a dedicated turn lane, pylon signage, and convenient bus line access. The total building size is 110,172 square feet, situated on 17.96 acres of land, with 409 parking spaces. Built in 1968, this property offers a blend of established presence and modern upgrades, making it an ideal location for retailers seeking a thriving community and affordable rates. The property is a multi-tenant strip mall.

    Property Features for 4115 Redwood Rd

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,172 SF
    Total Rate
    183620

    Building Details

    Year Built
    1968

    Unit(s) available at that property

    Space
    Meadowbrook Plaza Shopping Center
    Size
    7,305 SF
    Rate per SF
    $25

    HighLights

    • High‑visibility strip mall at the Taylorsville gateway, currently undergoing renovations including a new façade.
    • High traffic counts exceeding 77,000 vehicles daily.
    • Excellent I‑215 access, serving a rapidly growing community.
    • Two available inline spaces: 4,000 SF at $18/NNN and 7,305 SF at $15/NNN.
    • Features ample parking, outdoor lighting, and prominent Redwood Road exposure, plus a bus line, dedicated turn lane, and pylon signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9375787
    Latitude
    40.681546

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    FAQs

    What type of property is this?
    Strip mall - Taylorsville retail center: prime location.
    Where is this strip mall located?
    The property is located at 4115 Redwood Rd Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: High-visibility strip mall at the Taylorsville gateway, currently undergoing renovations including a new façade.; High traffic counts exceeding 77,000 vehicles daily.; Excellent I-215 access, serving a rapidly growing community.
    Request Owner's contact information
    4115 Redwood Rd Salt Lake City, UT 84123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4115 Redwood Rd Salt Lake City, UT 84123
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