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Property profile & analytics
OFF-MARKET
Auto shops

9130 Monroe Plz Way Sandy, UT 84070-2638

10,472 SF 0.58 ac lot Built 1981
Individually Owned 5-yr Hold Free & Clear
Property ID
US86-0285449
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,472 square foot auto shop in Sandy, Utah, currently occupied by a national tenant under a triple-net (NNN) lease. The property boasts a prime location with convenient access to I-15, ensuring high visibility and accessibility for customers. The existing lease has a remaining term of six years, providing immediate and consistent cash flow for the investor. The asking price for this single-tenant retail property is $2,286,000. The building's 10,472 square feet are currently 100% occupied, minimizing vacancy risk and maximizing return on investment. The long-term lease (originally 10 years) offers stability and predictability, making this a low-risk, high-reward investment. Situated at 9130 Monroe Plaza Way, Sandy, UT 84070, in Salt Lake County, this property benefits from its strategic location and strong tenant occupancy. This is an ideal opportunity for investors seeking a stable, income-producing asset in a desirable location with excellent access to major transportation arteries. The property's strong tenant history and long-term lease make it a compelling investment prospect.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,472 SF
Lot 0.58 ac (25,265 SF)
Zoning code RC
APN 27-01-401-014
UPID US86-0285449
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ronald Mortensen · 5 yrs held
Ronald Mortensen
since 2021
2 recorded transactions
2021
Price N/A
2012
Price N/A
Zoning & alternative use
RC · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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