775 S 900 W

Investment Highlights

Freestanding retail storefront that is highly visible to over 15,000 vehicles traveling along the intersection of 900 West and 800 South. Accessible to over 60,000 residents living within a 2-mile radius; these residents tallied a consumer spending total of over $600 million in 2023. Centrally located near I-15, I-215, and I-80, the location affords quick access to Salt Lake International Airport and Downtown Salt Lake City. Offering the favorable zoning code of R-MU-35, the property offers flexible usages, including commissary. Surrounded by national retailers and service providers, including Little Caesars, T-Mobile, 7-Eleven, Fastrac, Smith?s, and more.

Executive Summary

The offering at 775 S 900 W is a unique owner/user opportunity that offers four-way intersection visibility within one of Salt Lake City?s busiest areas. The property is located at the intersection of 800 S and S 900 W, which boasts vehicle counts of nearly 15,000 each day. The storefront opportunity encompasses 4,498 square feet constructed on 0.25 acres and features highly visible signage options, multiple points of access, and a parking lot with 26 surface parking spots. Occupants also stand to benefit immensely from the property?s proximity to Salt Lake City?s second-largest neighborhood, Poplar Grove. This area provides a healthy consumer pool that has vastly expanded over the past several years. Over the past decade, the population within a 2-mile radius has added approximately 10,000 new residents. At 1.8% growth since 2010, the population within a 2-mile radius significantly outpaces the market and national averages. This ideally placed asset offers proximity to national retailers, easy access to Downtown Salt Lake City, and optimal placement within an expanding area expected to continue experiencing positive population and economic growth. Home to nearly 15,000 residents, Poplar Grove offers its residents the cozy feel of a quaint suburban neighborhood but offers the amenities big-city dwellers desire. Downtown Salt Lake City is 2 miles away, and the Central Business District can be accessed within minutes. Poplar Grove also provides proximity to Salt Lake International Airport, which can be accessed in about 15 minutes via Interstate 80. Interstates 15 and 215 can be easily accessed within minutes from any point in Poplar Grove. With the Jordan River running through this affluent neighborhood, residents can access a multitude of outdoor parks and natural amenities, including 9th South River Park, Jordan Park, Poplar Grove Park, and the Jordan River Parkway Trail.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Convenience Store Convenience Store General Retail Freestanding General Retail Restaurant General Retail Supermarket Convenience Store
• Building Size    4,498
• Building Class    C
• Year Built    1928
• Price    2,500,000
• Price Per SF    556
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.41
• Land Acres    0.25 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Bus Line
• Corner Lot
• Signage
• Signalized Intersection