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633 3300 South Salt Lake, UT 84106

Sponsored
For Sale
$7,800,000

High-yield retail center, 100% occupied.

Property size:
47,718 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 47,718 square foot, single-story, multi-tenant retail center located at 633 E 3300 S, Salt Lake City, UT 84106. The property, built in 1974, boasts a 5.73% cap rate and a strong net operating income (NOI) of $447,029. Currently operating at 100% occupancy, the Class B property features a NNN lease structure and is situated on a 4.22-acre lot with ample parking (2.75 spaces per 1,000 sq ft). The property is zoned CC and includes a Walgreens pharmacy as an anchor tenant. The asking price is $7,800,000. Its strategic location in South Salt Lake City offers significant advantages, benefiting from proximity to two collegiate institutions (University of Utah and Westminster College), world-renowned ski resorts within an hour's drive, and the thriving Silicon Slopes tech corridor. Furthermore, the property's location benefits from the substantial tourism generated by Utah's five national parks and other unique attractions. This presents a compelling investment opportunity with strong potential for long-term growth and returns. The APN is 16-30-431-090-000.

Property Features for 633 3300

General Information

Property type
Lifestyle centers
Square Feet
47,718 SF
Class
B
Lot Size
183,823 SF

Building Details

Year Built
1974
Buildings
1
Stories
1

HighLights

  • Prime location near University of Utah (24,635 students) and Westminster College (2,030 students).
  • Proximity to world‑class ski resorts (Park City, Deer Valley, etc.) attracting millions of annual visitors.
  • Situated in the thriving Silicon Slopes tech hub, home to major companies like Adobe and others.
  • Close proximity to five renowned Utah National Parks, driving significant tourism.
  • Convenient access to unique Utah attractions like Bonneville Salt Flats and the Sundance Film Festival.
Property Profile Location Intelligence

Current Use by Public Records

Ute CrossFit Gym PR Health LLC Health Consultant VAST Chiropractic, Inc Chiropractor Tanabata Japanese Restaurant Japanese Restaurant

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
South Salt Lake
County
Salt Lake
State
Utah
Longitude
-111.8730455
Latitude
40.700509

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, 100% occupied.
Where is this lifestyle center located?
The property is located at 633 3300 South Salt Lake, UT.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: Prime location near University of Utah (24,635 students) and Westminster College (2,030 students).; Proximity to world-class ski resorts (Park City, Deer Valley, etc.) attracting millions of annual visitors.; Situated in the thriving Silicon Slopes tech hub, home to major companies like Adobe and others.
More about this property
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