Property summary
This exceptional investment opportunity presents three retail buildings totaling 23,058 square feet, situated on three outparcel pads at the prominent Valley Fair Mall in West Valley City, Utah. The property features a diverse tenancy including Bank of America and Olive Garden, operating under a triple-net (NNN) lease structure. Built between 2005 and 2009, these single-story buildings offer a strong, multi-tenant income stream with a current Net Operating Income (NOI) of $699,114 and a compelling 5.27% capitalization rate. The asking price is $13,268,374, translating to a price per square foot of $575.43. The property benefits from a high-visibility location within a major commercial district, offering excellent accessibility and exposure. Located in Utah's second-largest city, and near West Valley City's new downtown area, this investment boasts attractive demographics and a prime location within a premier retail, residential, and entertainment hub. The property is situated on a ground lease. This is an ideal acquisition for individual investors or portfolio expansion, capitalizing on the #1 ranked economy in the nation. The property consists of three buildings, two multi-tenant and one single-tenant.
Property profile
VerifiedCap rate & NOI
Current use
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Mobile Phone Store Electronics & Wireless Store
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Mobile Phone Store Electronics & Wireless Store
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Physician
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Computer & Electronic Repair Tech Support Center
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Home Decor Store Department Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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