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    4055 5415 Kearns, UT 84118

    Sponsored
    For Lease
    $15 SF/Yr

    Utah Strip Mall, Multiple Spaces Available

    Lot size:
    70,198 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents a well-established strip mall in the thriving Kearns, Utah market. The property, known as Kearns Shopping Center, boasts a total of 70,198 square feet of leasable space, situated at 4055 W 5415 S, Kearns, UT 84118. Originally constructed in 1956 and extensively renovated in 1990, the center offers a blend of classic charm and modern functionality. Currently, there are multiple spaces available, ranging in size from 6,639 square feet to 11,862 square feet, providing flexibility for a variety of retail tenants. Ample parking is provided with 206 spaces, ensuring convenient access for customers. The property's prime location in Kearns, Utah offers excellent visibility and accessibility, making it an ideal investment for those seeking a strong return in a growing market. The property's history demonstrates its enduring appeal and potential for continued success. This is a rare opportunity to acquire a well-maintained, established retail center in a desirable location. The substantial square footage and ample parking make this property a highly attractive investment prospect. Serious inquiries are encouraged.

    Property Features for 4055 5415

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,198 SF
    Total Rate
    87747.5

    Building Details

    Year Built/Renovated
    1956/1990

    Unit(s) available at that property

    Space
    Kearns Shopping Center
    Size
    11,862 SF
    Rate per SF
    $18

    HighLights

    • 6,639 SF, $18/NNN.
    • 11,862 SF, $15/NNN, plus 6,182 SF of included storage.
    • Strong co‑tenancy including Big Lots, AutoZone, Glamour Hair Salon, and Azteca De Oro.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kearns
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9879995
    Latitude
    40.6520638

    Nearby Comparable

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      Kearns Retail Center - 8,129 SF Available

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    Nearby Similar for Lease

    • $15 SF/Yr
      71,380 SF

      Kearns Retail Center - 8,129 SF Available

      High-traffic retail space in Kearns, Utah. Excellent visibility & accessibility.
      4041-4095 5415, Kearns, UT 84118
      View Details

    FAQs

    What type of property is this?
    Retail property - Utah Strip Mall, Multiple Spaces Available
    Where is this retail property located?
    The property is located at 4055 5415 Kearns, UT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 6,639 SF, $18/NNN.; 11,862 SF, $15/NNN, plus 6,182 SF of included storage.; Strong co-tenancy including Big Lots, AutoZone, Glamour Hair Salon, and Azteca De Oro.
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    4055 5415 Kearns, UT 84118
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    Kearns, UT 84118
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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
    4055 5415 Kearns, UT 84118
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