4182 13400 Riverton, UT 84096
- Retail properties
- 9,500 SF
- 1.25 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4182 13400
- Year built
- 2024
- Lot size
- 1.25 lot acres
- Property size
- 9,500 SF
- Property type
- Retail properties
Description
This exceptional Class A, 9,500 square foot retail property in Riverton, UT, boasts a strong tenant mix with 100% occupancy commencing January 1, 2025. Located at 4182 13400 S, 84096, this single-story building sits on a 1.25-acre lot and offers ample parking (9.2 spaces per 1,000 sq ft), providing convenient access for customers. The property benefits from high visibility, attracting over 31,000 cars daily. All six tenants are under 10-year triple net (NNN) leases with built-in 3% annual rent increases, ensuring consistent income growth and ease of management. The property's strong NOI of $414,595 and a 6.00% cap rate, coupled with its prime location in a rapidly growing area of Salt Lake County with a high median household income ($122,839 within a 3-mile radius), makes this a compelling investment opportunity. The asking price is $6,909,916 ($727.36/sq ft). Zoned C, this property is ideally suited for long-term investment and stable returns. Further lease details are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverton
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.989
- Latitude
- 40.5079
