Walgreens NNN
New
For Sale
Contact for pricing
9426 South 700 East, Sandy, UT 84070
Single-tenant Walgreens facility under a long-term NNN lease with renewal options beginning in 2030.
Property SizeContact for details
Days on Market6
Property Features for 9426 South 700 East
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$490,146
Additional Details
Cap Rate
8.18%
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Salt Lake City, Utah
Listed By:
Charles Davis · License #UT 5470422-SA00
(801) 303-5420
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 13 at 5:19AM
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 Cushman & Wakefield - Salt Lake City, Utah
Investment Insights
Based on property information with market context.
This single-tenant Walgreens property is subject to a NNN lease with a primary expiration in January 2080. Termination options occur every five years beginning in January 2030, providing defined lease milestones over the term. The asset is located at 9426 South 700 East in Sandy, Utah, within a retail corridor that includes Walmart, Target, Home Depot, and Costco.
Access to I-15 connects the property with the broader Salt Lake Valley. The surrounding area includes established suburban neighborhoods, national retailers, and nearby amenities. The property carries an 8.17% cap rate and offers a long-duration net lease structure tied to an operating Walgreens location.
Access to I-15 connects the property with the broader Salt Lake Valley. The surrounding area includes established suburban neighborhoods, national retailers, and nearby amenities. The property carries an 8.17% cap rate and offers a long-duration net lease structure tied to an operating Walgreens location.
Key Highlights
- Single‑tenant Walgreens property
- NNN lease with primary expiration in January 2080
- Termination options every five years beginning in January 2030
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,041
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 50%
Joe's Crab Shack
Dining
19,130 visits/mo
0.3 miles
Mountain America Credit Union
Shops & Services
9,474 visits/mo
0.2 miles
7-Eleven
Shops & Services
8,462 visits/mo
0.2 miles
America First Credit Union
Shops & Services
7,879 visits/mo
0.3 miles
Beans & Brews
Dining
4,317 visits/mo
0.2 miles
Demographics for 84070, UT
30,885
Population
12,212
Households
2.5
Avg Household Size
34
Median Age
36%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
4,231
Density / Sq Mi
$79,414
Median Household Income
$44,013
Median Earnings
$1,578
Median Rent
$429,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant Walgreens facility under a long-term NNN lease with renewal options beginning in 2030.
Where is this nnn property located?
The property is located at 9426 South 700 East Sandy, UT.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Single‑tenant Walgreens property; NNN lease with primary expiration in January 2080; Termination options every five years beginning in January 2030
