949 1700, Salt Lake City, UT 84104
35,996 SF | Retail Building | Salt Lake City, UT 84104 | $6,900,000 ($192/SF) | 6.30% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,900,000
- Property Type
-
Retail
- Square Feet
- 35,996 SF
- Price / Square Foot
- $192
Listing Contacts
Jeff Mitchell
Verified Profile
- Property Info
Property Overview
Mountain West has been selected to offer a single tenant absolute NNN leased investment occupied by The Marine Products. This property is a unique investment opportunity in Salt Lake City, Utah. The real estate is well positioned in the Salt Lake Valley and only 3 minutes off the UT-201 Interchange. As the exclusive dealer in Utah for MP, Moomba, & Supra Boat the location provides an ease of access for the
customers across the Wasatch Front.
The asset includes 2.64 Acres of land with 430 +/- feet of frontage along the 1700 South corridor to the intersection of 900 West. With 1700 South and 900 West generating over 25,000 vehicles per day the visibility and presence of the location is outstanding. The property includes three structures providing ample retail space, shop space, and covered storage. The site is well designed with 1.31 acres of secured fenced yard area for boat storage, in addition to the ample customer and display parking along 1700 South.
Marine Products is a company that has been in business since 1971, known for its vast inventory of product with robust sales at this location and a strong online presence they offer convenience and a great customer experience through all sales channels, making MP a leader in the boat dealership industry. The company has been recognized for multiple Dealer awards and is a major sponsor for boating events and athletes. With an average Marine Products employee being with the company for 20 years, they provide customers with the highest level of expertise.
In summary, the asset is a high-quality investment, which includes a large 2.64 acre parcel of land, three building structures for a combined total of approximately 38,696 square feet, and a Tenant that has been a staple in the community since 1971.
customers across the Wasatch Front.
The asset includes 2.64 Acres of land with 430 +/- feet of frontage along the 1700 South corridor to the intersection of 900 West. With 1700 South and 900 West generating over 25,000 vehicles per day the visibility and presence of the location is outstanding. The property includes three structures providing ample retail space, shop space, and covered storage. The site is well designed with 1.31 acres of secured fenced yard area for boat storage, in addition to the ample customer and display parking along 1700 South.
Marine Products is a company that has been in business since 1971, known for its vast inventory of product with robust sales at this location and a strong online presence they offer convenience and a great customer experience through all sales channels, making MP a leader in the boat dealership industry. The company has been recognized for multiple Dealer awards and is a major sponsor for boating events and athletes. With an average Marine Products employee being with the company for 20 years, they provide customers with the highest level of expertise.
In summary, the asset is a high-quality investment, which includes a large 2.64 acre parcel of land, three building structures for a combined total of approximately 38,696 square feet, and a Tenant that has been a staple in the community since 1971.
Property Details
- Class
- C
- Year Built
- 1996
- Stories
- 2
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 114,998 SF
Highlights
- Located in the South Salt Lake I-15 Industrial Corridor on the corner of 17th South and 9th West. Central between I-15 (N-S) and I-80 (E-W) Freeways
- The subject consists of one parcel totaling 2.64 acres or 114,998 SF.
- The property can be accessed from both 1700 South and Quayle Avenue. The property has over 430 ft of Frontage on 1700 South.
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