Property profile

3601 2700 West Valley City, UT 84119

OFF-MARKET
Lifestyle centers
23,058 SF
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Property summary

AI-generated overview

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

Verified
Property type Lifestyle centers
Total area 23,058 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Mobile Phone Store Electronics & Wireless Store
  • Physician
  • Computer & Electronic Repair Tech Support Center
  • Home Decor Store Department Store

Location

3601 2700 West Valley City, UT 84119
West Valley City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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