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    1169 Wilmington Ave Salt Lake City, UT 84106

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail, High-Traffic Location

    Lot size:
    18,391 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Commons at Sugarhouse offers exceptional retail space in a thriving Salt Lake County neighborhood. Two spaces are available, measuring 9,012 square feet and 18,391 square feet, respectively, within a vibrant neighborhood center. This single-tenant opportunity benefits from a highly desirable location, boasting direct access from major thoroughfares including Highland Drive, 2100 South, and Wilmington Avenue, ensuring excellent visibility and accessibility for customers. The property is situated in an affluent area with a robust daytime and nighttime population, guaranteeing a consistent flow of potential customers. The center is anchored by a Whole Foods Market, attracting a significant volume of shoppers and further enhancing the property's appeal. The surrounding area demonstrates strong demographics, with a high density of households within a one-mile radius—a remarkable 23,444 households. This translates to a substantial customer base for any business operating within this location. The zoning designation is CSHBD1, providing flexibility for a variety of retail uses. This exceptional retail space presents a unique opportunity to establish a thriving business in a prime location with strong existing tenants and a proven track record of success. The property's strategic location and high-traffic area make it an ideal investment for businesses seeking significant exposure and a loyal customer base. Contact us today to learn more about this outstanding opportunity.

    Property Features for 1169 Wilmington Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,391 SF

    Unit(s) available at that property

    Space
    Size
    18,391 SF

    HighLights

    • Retail space available in a Whole Foods‑anchored neighborhood center.
    • 9,012 SF and 18,391 SF units available.
    • Excellent access from Highland Drive, 2100 S, and Wilmington Ave.
    • Located in an affluent area with high daytime and nighttime population density.
    • Strong co‑tenancy and over 23,000 households within one mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    fi.d.o Pet Supply Store

    Suggested Use

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

    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
    -111.85798656714
    Latitude
    40.723258407

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail, High-Traffic Location
    Where is this neighborhood center located?
    The property is located at 1169 Wilmington Ave Salt Lake City, UT.
    What are key features of this property?
    This property features: Retail space available in a Whole Foods-anchored neighborhood center.; 9,012 SF and 18,391 SF units available.; Excellent access from Highland Drive, 2100 S, and Wilmington Ave.
    Request Owner's contact information
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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
    1169 Wilmington Ave Salt Lake City, UT 84106
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