58 12300th S Draper, UT 84020

This exceptional investment opportunity presents a fully occupied, two-tenant retail strip center in Draper, Utah. The 4,549 square foot property, built in 2009, sits on a 0.57-acre lot (APN 28-30-354-007-0000) and boasts a strong Net Operating Income (NOI) of $189,132, resulting in a compelling 6.41% cap rate. Located at 58 E 12300 S, Draper, UT 84020, this single-story building benefits from high visibility due to its location in Draper's main retail corridor, directly visible from I-15. The property enjoys proximity to major shopping centers like Draper Crossing (anchored by Smith's, TJ Maxx, and Dollar Tree) and Draper Peaks (anchored by Kohl's, Michaels, PETCO, and Ross), ensuring high foot traffic and strong tenant demand. The surrounding area demonstrates robust demographics, with over 87,000 residents within a 3-mile radius and an average household income exceeding $157,521 within 5 miles. The asking price is $2,950,000, translating to $648.49 per square foot. This NNN-leased property offers a secure and profitable investment with 100% occupancy. The property's prime location and strong financial performance make it an attractive addition to any investment portfolio.