- For Sale $1,800,000
- Property Type Retail - Street Retail
- Property Size 5,800 SF
- Lot Size 0.57 Acre
- Year Built 1988
- Date Updated Jul 23, 2026
Description
Rare opportunity to acquire a 5,800 SF retail/warehouse investment property situated on 0.57 acres in one of Draper’s most desirable commercial corridors. The property is fully leased to two established tenants, providing stable cash flow and long-term income security.
Tenants include Advanced Doors, a well-established garage door company with a long-term lease in place through July 2034, and Bene Pets, whose lease runs through December 2028, creating future upside potential through rental rate increases upon renewal. Both tenants are on NNN leases, providing investors with stable income and minimal landlord responsibilities.
The property also features 24 parking stalls and offers excellent access to Interstate 15 and the surrounding Salt Lake Valley. Combining long-term tenancy and a premier location, this asset presents a compelling investment opportunity. Offered at a 6.0% CAP rate.
Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.Rare opportunity to acquire a 5,800 SF retail/warehouse investment property situated on 0.57 acres in one of Draper’s most desirable commercial corridors. The property is fully leased to two established tenants, providing stable cash flow and long-term income security.
Tenants include Advanced Doors, a well-established garage door company with a long-term lease in place through July 2034, and Bene Pets, whose lease runs through December 2028, creating future upside potential through rental rate increases upon renewal. Both tenants are on NNN leases, providing investors with stable income and minimal landlord responsibilities.
The property also features 24 parking stalls and offers excellent access to Interstate 15 and the surrounding Salt Lake Valley. Combining long-term tenancy and a premier location, this asset presents a compelling investment opportunity. Offered at a 6.0% CAP rate.
Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Highlights
- 6.0% CAP Rate with Stable In-Place Cash Flow
- Fully Leased to Two Established Tenants
- Future Rental Upside with Bene Pets Lease Expiring in 2028
- Long-Term NNN Leases (Through 2034)
- Prime Draper Location with Excellent I-15 Access
False
Contacts
Shad Selmos
KW Utah Realtors Keller Williams Real Estate
Location
Contact Listing Broker
Shad Selmos
KW Utah Realtors Keller Williams Real Estate