4115 Redwood Rd, Salt Lake City, UT 84123
Meadowbrook Plaza Shopping Center, located at the gateway to Taylorsville, presents a unique investment opportunity. This highly visible, easily accessible shopping center is undergoing renovations, including a new façade. Boasting over 77,000 vehicles daily, it offers exceptional visibility and high traffic counts. Its convenient location, minutes from I-215 (north and southbound), provides easy access for customers. The center offers two attractive inline spaces: a 4,000 square foot unit available at $18 per square foot, NNN, and a larger 7,305 square foot space at a competitive $15 per square foot, NNN. Both spaces benefit from ample parking, outdoor lighting, and excellent Redwood Road exposure. Additional features include a dedicated turn lane, pylon signage, and convenient bus line access. The total building size is 110,172 square feet, situated on 17.96 acres of land, with 409 parking spaces. Built in 1968, this property offers a blend of established presence and modern upgrades, making it an ideal location for retailers seeking a thriving community and affordable rates. The property is a multi-tenant strip mall.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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