1808 1800 Clinton, UT 84015
- Community centers
- 14,482 SF
- 1.59 lot acres
Current Use by Public Records
- Community centers
Property Details for 1808 1800
- Year built
- 2011
- Lot size
- 1.59 lot acres
- Property size
- 14,482 SF
- Zone code
- PZ
- Property type
- Community centers
- APN
- 14-476-0005
- APU
- 144760005
Description
This exceptional Class A shopping center, located at 1808 W 1800 N in Clinton, Utah (84015), presents a compelling investment opportunity. The 14,482 square foot property, built in 2011 on a 1.59-acre lot, is currently 100% occupied by four tenants under a triple net (NNN) lease structure. The lease agreements include rent bumps and feature credit-rated tenants, including a national franchisee and corporate guarantees, ensuring a stable income stream. The property boasts a strong financial profile, with a net operating income (NOI) of $161,929 and a compelling 5.00% capitalization rate. The asking price is $3,465,000, translating to $239.26 per square foot. The remaining lease term is four years, providing immediate cash flow and long-term growth potential. The property is zoned CP1 and consists of a single, one-story building. This prime retail location in Davis County offers significant upside potential for savvy investors seeking a secure and profitable addition to their portfolio. The property's strong tenant mix and favorable lease terms make it an attractive investment in a thriving Utah market. This is a fully leased retail strip center with a national tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Davis
- State
- Utah
- Longitude
- -112.061
- Latitude
- 41.1402
- CBSA code
- 36260
- CBSA name
- OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
