- For Sale $1,766,500
- Property Type Retail
- Property Size 7,600 SF
- Date Updated Oct 9, 2026
Description
Absolute net leased investment – tenant in place since 1984
Five years remaining on the current lease term, with 2% annual rent escalations
Annual net operating income of $105,992
Tenant is Learning Tree Schools, an early childhood education operator since 1979 with three locations in Salt Lake Valley
High-visibility location on 4500 South with combined traffic of 55,000 vehicles per day (30,000 on 4500 South and 25,000 on 900 East, 2024)
New high-density housing coming online including The Royce on 9th (420 units)
Covered land play / retail redevelopment potential with multiple national retailers adjacent including Walgreens, Walmart Supercenter, Verizon, US Bank, Smith's, and Big O Tires
New roof installed in 2025
Price: $1,766,500
Cap Rate: 6.0%
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