150 E 3300 S - Showroom FOR SALE


Salt Lake City, UT 84115- South Salt Lake City
$1,385,000 USD
385-707-0366
150 E 3300 S, Salt Lake City, UT for Sale
$1,385,000 USD
Showroom - FOR SALE
1/12
null | 6.5% Cap Rate

150 E 3300 S
Salt Lake City, UT 84115
South Salt Lake City


HIGHLIGHTS

  • Seize this fully occupied multi-tenant NNN investment delivering stable cash flow and strong returns for motivated investors.
  • Positioned to attract strong tenant demand, this property is located just off Interstate 15 with speedy access to Downtown Salt Lake City.
  • Both in-place tenants have long historic occupancy on-site with current ownership, Palace Development, signing a five-year lease at closing.
  • Ideally located near the intersection with State Street surrounded by major national retailers including Taco Bell, Subway, and McDonald's.
  • Home to a growing population, the area also benefits from strong demographics, with average household incomes surpassing $91,000 within 5 miles.

OVERVIEW

Positioned in the heart of Salt Lake City, this fully occupied NNN retail asset presents a rare opportunity for investors seeking dependable, long-term cash flow. This asset is a 6,500 square foot property divided into two spaces dedicated to retail and industrial. Anchored by two stable and long-term tenants, Palace Development and Salt City Sanctuary, both secured by strong NNN leases that offer reliable income and minimal landlord responsibilities. Palace Development, a seasoned operator with over 30 years of experience, plans to execute a five-year sale leaseback, ensuring continued occupancy and guaranteed rental income. The facility is purpose built for high volume e commerce logistics and serves as a key hub for 3PLs, DTC brands, and fulfillment operations, strategically positioned near major transit corridors. Salt City Sanctuary provides wellness and religious services under Section 508(c)(1)(A), supporting consistent use and community engagement. This is a turnkey cash flowing asset with dependable tenants, ideal for investors seeking passive income and long-term value. Located just five miles from Salt Lake City's thriving downtown, South Salt Lake is a high traffic and rapidly growing area with strong commuter activity and rising demand for retail services. Positioned near Interstate 15 and surrounded by a wide range of dining, shopping, and entertainment options, including the region’s own Chinatown, this location benefits from excellent visibility and accessibility. With convenient public transportation and lower residential costs than downtown, the area continues to attract new residents and businesses, making it an ideal setting for investors.

FOR SALE DETAILS

PRICE

$1,385,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail / Warehouse Building

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.25

LAND SF

10,890

ZONING

CC

APN/PARCEL ID

16-30-376-001-0000,16-30-376-005-0000

ASK ABOUT THIS PROPERTY

Marlon HillNAI PremierMore Info
385-707-0366

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Marlon HillNAI PremierMore Info
385-707-0366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.