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    Property profile & analytics
    OFF-MARKET
    Retail space

    8555 Magna Main St, Magna, UT 84044-1416

    2,545 SF 0.26 ac lot Built 2001
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US86-0492756
    Property summary
    AI-generated overview

    This exceptional 1-acre retail property at 8555 Magna Main, Magna, UT, presents a lucrative investment opportunity. Priced at $1,500,000, the building currently houses four tenants, including a restaurant and two catering kitchens, totaling three kitchens. The versatile layout allows for various configurations. The possibility exists to consolidate the space into one larger restaurant or to add another retail space, maximizing rental income. A convenient drive-thru is located on the west end of the building, enhancing operational efficiency and customer convenience. The existing front space, currently used for retail, is adaptable to office use. Note that various kitchen equipment is owned by both the tenants and the property owner. Detailed financial information, including tenant leases and profit and loss statements, is available upon execution of a non-disclosure agreement. This property offers significant potential for growth and return on investment in a desirable Magna location. Serious inquiries only. Financial information will be provided to qualified buyers under a non-disclosure agreement. The property is currently leased and tenants should not be disturbed.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2001
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,545 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code C-2
    APN 14-29-126-001
    UPID US86-0492756
    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
    Jt&d Nielsen Properties LLC · 3 yrs held
    Jt&d Nielsen Properties LLC
    since 2022
    5 recorded transactions
    2022
    2020
    2009
    2004
    1969
    Zoning & alternative use
    C-2 · Magna, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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