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    OFF-MARKET
    Strip malls

    58 12300th S, Draper, UT 84020-8386

    4,959 SF 0.57 ac lot Built 2009
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US86-0489669
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2009
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,959 SF
    Lot 0.57 ac (24,829 SF)
    Zoning code C1
    APN 28-30-354-007
    UPID US86-0489669
    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
    Current use
    Occupant on record · Public records
    • The Book Box - Book Shop (Bike/Boat/Book/etc) Store
    • Verizon Mobile Phone Store Electronics & Wireless Store
    • Repair n Go Computer & Electronic Repair Tech Support Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Bella Az Lllp · 1 yrs held
    Bella Az Lllp
    since 2025
    7 recorded transactions
    2025
    2025
    2019
    2015
    2009
    2005
    1969
    Zoning & alternative use
    C1 · Draper, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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