Current Use by Public Records
- Dilly Dally's Family Discount ! / Discount Store
Property Details for 1930 5600
- Lot size
- 3.73 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Roy Crossing, located at 1930 W 5600 S in Roy, Utah (zip code 84067), presents a compelling value-add investment opportunity. This Class C shopping center encompasses 39,836 square feet of net rentable space, currently boasting a 96% occupancy rate across its nine retail units. The property sits on a 3.73-acre lot and underwent renovations in 2021. The current Net Operating Income (NOI) stands at $440,607, with a pro-forma NOI projected at $499,000, indicating significant upside potential. The center operates under a Triple Net (NNN) lease structure, a common and attractive arrangement for investors. Its multi-tenancy provides diversification and resilience, contributing to the strong occupancy and income stream. Situated in Weber County, Utah, this shopping center benefits from a prime location within the thriving Roy market. The property's strong performance and renovation history make it an attractive investment for those seeking a stable, income-generating asset with potential for further growth. The property's location offers excellent visibility and accessibility, further enhancing its appeal to both tenants and investors. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roy
- County
- Weber
- State
- Utah
- Longitude
- -112.027
- Latitude
- 41.1623
