9130 Monroe Plz Way Sandy, UT 84070-2638
- Auto shops
- 10,472 SF
- 0.58 lot acres
Jun 03, 2021
Current Use by Public Records
- Auto shops
Property Details for 9130 Monroe Plz Way
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.58 lot acres
- Property size
- 10,472 SF
- Zone code
- RC
- Property type
- Auto shops
- APN
- 27-01-401-014
- APU
- 2701401014
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sandy
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.897
- Latitude
- 40.5854
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
