Description

This investment opportunity in Taylorsville, located at 4875-4891 South Redwood Road, offers strong potential for growth. The multi-tenant retail property sits along a busy commercial corridor with excellent visibility and high traffic on Redwood Road. Priced at $2,500,000 with a pro forma cap rate of 8.0%, it presents an attractive value-add opportunity. Current tenants include Mark's Ark, Hidden Peaks Coffee, Tulip Tree Floral, and Mary & Mary, creating a diverse mix. With rents below market and room for improvements, the property is well-positioned for increased returns. Its proximity to Salt Lake Community College and I-215 further enhances accessibility and consumer reach. Offered below replacement cost, this property provides investors the chance to benefit from the growing Taylorsville market.