Contacts
Colliers
Colliers
Property Details
- Property Type Retail
- Property Size 7,600 SF
- Date Updated Oct 9, 2026
Absolute net leased investment – tenant in place since 1984
Five years remaining on the current lease term, with 2% annual rent escalations
Annual net operating income of $105,992
Tenant is Learning Tree Schools, an early childhood education operator since 1979 with three locations in Salt Lake Valley
High-visibility location on 4500 South with combined traffic of 55,000 vehicles per day (30,000 on 4500 South and 25,000 on 900 East, 2024)
New high-density housing coming online including The Royce on 9th (420 units)
Covered land play / retail redevelopment potential with multiple national retailers adjacent including Walgreens, Walmart Supercenter, Verizon, US Bank, Smith's, and Big O Tires
New roof installed in 2025
Price: $1,766,500
Cap Rate: 6.0%
Reach out to the broker for more info on lease terms and amenities
Getting around
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72/100
Walk Score ®
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39/100
Transit Score ®
-
55/100
Bike Score ®
Location
- City Salt Lake City, UT
- Neighborhood Murray
- Zip Code 84117
- Market Salt Lake City
Points of Interest
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Murray North
1.48 miles
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Murray Central
1.79 miles
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Meadowbrook
1.88 miles
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Rideshare
2.67 miles
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Fashion Place West
3.23 miles
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Sugarmont
3.43 miles
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Fairmont
3.43 miles
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700 East
3.44 miles
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500 East
3.44 miles
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300 East
3.50 miles
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7-Eleven
0.09 miles
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Smith's Fuel
0.14 miles
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Chevron
1.26 miles
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Fuel Center
1.28 miles
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Texaco
1.29 miles
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Sinclair
1.34 miles
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ChargePoint
1.66 miles
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Tesla Supercharger South Salt Lake City
3.47 miles
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Tesla Supercharger
3.50 miles
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Blink
3.85 miles
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UTA park and ride
1.84 miles
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Grandview Parking Lot
1.91 miles
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Mount Olympus Trailhead Parking
3.45 miles
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Olympus Cove Park & Ride
3.80 miles
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Parking Lot P
3.84 miles
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Parking Lot V
3.86 miles
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Parking Lot A
3.86 miles
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Parking Lot N
3.87 miles
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Parking Lot O
3.88 miles
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Parking Lot R
3.90 miles
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Mad Greek
0.05 miles
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Rivas
0.11 miles
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Pizza Hut
0.12 miles
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Subway
0.14 miles
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ONE Noodle Bar
0.14 miles
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Siam Orchid
0.15 miles
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Arby's
0.34 miles
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Stella Cafe
0.35 miles
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Anna's Restaurant
0.40 miles
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FishOn Bistro
0.41 miles
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Black Cherry Market
0.10 miles
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Smith's
0.17 miles
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Walmart Supercenter
0.29 miles
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Seoul Market
1.10 miles
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Shaku Maku International Market
1.13 miles
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Macey's
1.24 miles
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Middle Eastern Bakery & Groceries
1.33 miles
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Sprouts Farmers Market
1.40 miles
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Big Lots
1.51 miles
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Rancho Markets
1.75 miles