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33703732
33703736

7495 UNION PARK AVE SANDY UT 84093, SANDY, UT 84093

AL
UT 5501739-SA00, UT UT 5501739-SA00
Newmark Mountain West
Listed by Newmark Mountain West
$2,618,182
2 days on market
Updated 2 days ago

7495 Union Park Avenue

Details
Property Type Retail
Square Footage 4,060
Units 1
Cap Rate 5.50%
NOI $144,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 12/31/2036
Remaining Term 9.5
Rent Bumps Yes
Lease Options Four 5-Year
Year Built 2001
Year Renovated 2025
Acreage 1.080
Zoning SD
Parking Spaces 68 spaces
Parking Per SqFt 16.75
Tenant Credit Corporate Guarantee
Lease Commencement 01/03/2026
Ground Lease No

SNTL - Investment Opportunity! New Lease with Four 5-year Options

Marketing description

LAND AREA:

Name consists of one parcel totaling approximately 1.08 acres

BUILDING AREA:

The subject property consists of one retail building totaling

approximately 4,060 SF of gross leasable area.

FRONTAGE & ACCESS:

Full access and excellent visibility being located on the highly

trafficked street of Union Park Avenue

PARKING:

68 parking stalls

TRAFFIC COUNTS:

Union Park Ave: 34,865 ADT

Creek Road: 11,308 ADT

7800 South: 12,751 ADT

Investment highlights

Penny Ann's Cafe has signed a brand new 10 year NNN Lease with 10% rent increases every 5 years. The Lease also includes four (4) 5-year options to extend.

Penny Ann's opened for business on Jan. 3, 2026 at this newly remodeled location and business has been non-stop since opening day.

The subject property is located on 1300 East (Union Park Ave) at a signalized intersection providing safe and easy access to the property. Conveniently located less than 1/2 mile south of The Shops at Fort Union, Union Park Business Center, and north of Union Heights Retail and Business Center. Subject property is also located within a highly populated, high-income residential and trade area.

Listing Contacts

AL
UT 5501739-SA00, UT UT 5501739-SA00
Newmark Mountain West
Listed by Newmark Mountain West

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

Map

Zoning

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SD(HARADA) SpecialSpecial Development Harada
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Last updated Feb 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Adam Lewis
License
5501739-SA00
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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