Listed by CBRE - Salt Lake City
$850,000
4301 S. 300 W.
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 3,600
Cap Rate 8.08%
NOI $76,800
Tenancy Vacant
Price per SqFt $264
Year Built 1961
Acreage 0.130
Investment Type Owner/User
Ground Lease No
Retail | 3,600 SqFt | Recently Renovated
Marketing description
Located at 4301 S 300 W, this well-maintained, 3,600 SF retail property is being offered vacant at $850,000, presenting an exceptional owner-user or value-add opportunity.
Built in 1961, the property was most recently home to Kismet Kids Daycare, a reputable childcare provider, and is well-suited for continued childcare use or a variety of other retail and service-oriented concepts.
The property is being sold vacant and free of any existing lease obligations, giving the new owner full flexibility to occupy, reposition, or lease the space on their own terms. The building has been well-maintained and is move-in ready for an owner-user or an investor looking to establish their own lease structure.
Investment highlights
- Recently renovated, turnkey property
- Vacant delivery – immediate owner-user or leasing flexibility
- Value-add or repositioning potential in a high-demand submarket
- High demand for retail buildings in the area
- Positive leverage opportunity at current interest rates
Listing Contacts
Listed by CBRE - Salt Lake City
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,800.00
$6,400.00/mo
Valuation Metrics
0
DSCR
9.04%
Cap Rate
9.04%
ROI
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