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    OFF-MARKET
    Strip malls

    4115 Redwood Rd, Salt Lake City, UT 84123

    110,172 SF 17.96 ac lot Built 1968
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Strip malls
    Year built 1968
    Total area 110,172 SF
    Lot 17.96 ac (782,338 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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