1808 W 1800 N, Clinton, UT 84015
- Community centers
- 14,482 SF
- 1.59 lot acres
Current Use by Public Records
- Community centers
Property Details for 1808 W 1800 N
- Year built
- 2011
- Lot size
- 1.59 lot acres
- Zone code
- PZ
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 14-476-0005
- APU
- 144760005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 17, 2025 | — | Utah Department Of Transportation | Ambrish Modi | Warranty Deed | — |
| Feb 1, 2022 | — | Clinton Shopping Center LLC | Ew Investments Lc | Special Warranty Deed | $2.2M · State Bank Of Southern Utah |
| Jan 28, 2022 | — | Ew Investments Lc | Clinton City Center LLC | Special Warranty Deed | — |
| Mar 8, 2010 | — | Clinton City Center LLC | Clinton City Center LLC | Quit Claim Deed · related | — |
| — | — | Clinton City Center LLC | — | Deed Of Trust · related | $1.6M · Bank Of American Fork |
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 Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $690,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $728,000
Market price range: $513k - $896k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $725,000 Current use
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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