3601 West Ct West Valley City, UT 84119
- Retail properties
- 6,310 SF
Current Use by Public Records
- Retail properties
Property Details for 3601 West Ct
- Year built
- 2008
- Property size
- 6,310 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a multi-tenant retail property located at 3601 South 2700 West in West Valley City, Utah, zip code 84119. The property, built in 2008, encompasses 6,310 square feet on a single-story building and features two established tenants: Wingers and Jimmy John's. This is a QSR/Fast Food property operating under a NNN lease structure, offering a desirable, low-maintenance investment. The asking price is $3,938,200, representing a price per square foot of $624.12 and a compelling 5.50% cap rate. The property boasts a strong Net Operating Income (NOI) of $216,601. Situated in Utah's second-largest city, this high-visibility location benefits from easy accessibility and a desirable drive-thru feature. The property is part of a premier retail, residential, and entertainment hub, ideally positioned near West Valley City's new downtown area. The location benefits from attractive trade area demographics and is situated within a nationally top-ranked economy. This is an all-cash offer opportunity suitable for individual or portfolio acquisitions. The property's APN is 15-33-251-018-0000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Valley City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.958
- Latitude
- 40.6925
