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    FOR LEASE
    Retail space

    1820 Highway 40 W, Vernal, UT 84078

    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US86-1206070
    1820 Highway 40 W, Vernal, UT 84078 For Lease
    $16 SF/Yr 1,400 SF available
    1820 Highway 40 W, Vernal, UT 84078
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    Property summary
    AI-generated overview

    This exceptional 1,400 square foot retail space is available for lease at Vernal Marketplace, located at 1820 W Hwy 40, Vernal, UT 84078. Situated in a high-traffic area with excellent visibility directly off Highway 40, this property offers unparalleled exposure to a large customer base. The space is part of a thriving retail marketplace featuring national tenants, ensuring a strong and established commercial environment. The lease rate is a competitive $16.20 per square foot, NNN. This means tenants are responsible for property taxes, insurance, and common area maintenance. The property's location is further enhanced by its proximity to other major retail centers, creating a synergistic environment that benefits all businesses within the area. This presents a unique opportunity for businesses seeking a high-visibility location with established foot traffic and a strong tenant mix. The space is ideal for a variety of retail uses and offers significant potential for growth and success. Interested parties are encouraged to inquire for further details and to schedule a viewing.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    APN 05:080:0027
    UPID US86-1206070
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Moutain Trail LLC · 19 yrs held
    Moutain Trail LLC
    since 2007
    3 recorded transactions
    2016
    2007
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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