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Property profile & analytics
OFF-MARKET
Community centers

700 700 Salt Lake City, UT 84116

104,946 SF Built 1987
Property ID
Property summary
AI-generated overview

Redwood Plaza, a 104,946 square foot community center in Salt Lake County, offers exceptional retail space for lease. Built in 1987, this established center sits on an 8.8-acre lot and boasts a prime location with easy access to I-215 and I-15 freeways, ensuring high visibility and convenient access for customers. Currently, there are two suites available, with a minimum divisible space of 5,700 square feet and a maximum contiguous space of 8,700 square feet. A total of 14,400 square feet is currently vacant. The property is situated in the Northwest property market. This presents a unique opportunity for businesses seeking a prominent location within a well-established retail center. Additionally, a ground lease pad site is available, allowing for the construction of a building up to 2,500 square feet. This flexible space option caters to a variety of business needs and expansion plans. The high traffic area and excellent freeway access make this property an ideal location for businesses seeking maximum exposure and customer reach. The total retail space within the center is 107,000 square feet. This established center provides a strong foundation for any business looking to thrive in a bustling retail environment.

Property profile
Verified
Property type Community centers
Year built 1987
Total area 104,946 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Exxon Gas Station
  • UMCOR Office & Depot Charitable Organization Social Service Agency
  • Sunset Detox Crisis Center Medical Clinic
  • Classic Steel Supply Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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