- For Sale $2,999,000
- Property Type Retail - Strip
- Property Size 9,089 SF
- Units 5
- Lot Size 0.69 Acre
- Parking Spaces Avail. 33
- Parking Ratio 3.50 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1990
- Date Updated May 6, 2026
Description
Prime multi-tenant strip center on 4100 South in West Valley City, anchored by well-known brands including Subway, Metro, and Boost Mobile. The busy 4100 S has an average daily traffic of 31,036. The property benefits from high visibility, steady foot traffic, and easy access to Bangerter Highway. Surrounded by dense residential communities and established retailers, it offers strong customer demand, consistent occupancy, and stable growth potential.Prime multi-tenant strip center on 4100 South in West Valley City, anchored by well-known brands including Subway, Metro, and Boost Mobile. The busy 4100 S has an average daily traffic of 31,036. The property benefits from high visibility, steady foot traffic, and easy access to Bangerter Highway. Surrounded by dense residential communities and established retailers, it offers strong customer demand, consistent occupancy, and stable growth potential.
Parcels for Sale include: 15-31-477-053 & 15-31-477-054
Current rents at the property are significantly below market rates, presenting an attractive value-add opportunity for the next owner. By simply leveraging lease renewals or tenant turnover. All leases except the laundromat are expiring on or before November 2026. The new owner can realign rents with prevailing market conditions.
Highlights
- AADT: 31,036
- Anchored by established national tenants (Subway, Metro, Boost Mobile)
- Average Lease Rate: $16.91/mo
- Average Unit Sizes: 1,320 - 2,220 SF
- Below-market rents offering clear value-add potential
- Building Square Feet: 8,910
- CAP Rate: 4.156%
- Class B
- Dense surrounding residential and commercial population
- High visibility and foot traffic on a busy thoroughfare
- NOI: $124,682.21
- Number of Buildings: 1
- Number of Units: 5
- Occupancy: 100%
- Offered at: $2,999,000
- Parcel Size: .69 AC
- Parking Ratio: 3.5/1000
- Proforma CAP Rate: 5.84%
- Proforma Lease Rate: $22.12/mo
- Proforma NOI: $175,188.29
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Contacts
Joseph Mills
Investment Realty Advisors
Location
Contact Listing Broker
Joseph Mills
Investment Realty Advisors