894 E 3900 S - Restaurant FOR SALE


Salt Lake City, UT 84107- Millcreek
$2,750,000 USD
801-303-5555
894 E 3900 S, Salt Lake City, UT for Sale
$2,750,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

894 E 3900 S
Salt Lake City, UT 84107
Millcreek


HIGHLIGHTS

  • Flexible Investment, Repositioning, Redevelopment, or Owner-User Opportunity
  • Prime Millcreek Setting
  • Compelling Retail Repositioning Opportunity

OVERVIEW

Cushman & Wakefield is pleased to present 39th South Retail (the “Property”), a retail strip center opportunity located at 894 East 3900 South in Millcreek, Utah. While the Property is currently fully leased on paper, multiple tenants have expressed a willingness to terminate their leases. This creates meaningful flexibility for new ownership to shape the Property’s future tenancy, pursue a market-driven lease-up strategy, or accommodate owner-user occupancy. Importantly, these requests are driven by lease-specific circumstances and are not indicative of weak retail fundamentals or diminished demand for the location. Lender financing is available.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Commercial

APN/PARCEL ID

16-32-376-007-0000

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

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