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$1,800,000 Just Listed
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Property Description
Rare opportunity to acquire a 5,800 SF retail/warehouse investment property situated on 0.57 acres in one of Draper's most desirable commercial corridors. The property is fully leased to two established tenants, providing stable cash flow and long-term income security. Tenants include Advanced Doors, a well-established garage door company with 8 years remaining on its lease, and Benepets, which recently executed a 3-year lease renewal. Both tenants are on NNN leases with rental rates above current market averages, creating a strong and reliable income stream for investors. The property also features 24 parking stalls and offers excellent access to Interstate 15 and the surrounding Salt Lake Valley. Combining long-term tenancy, strong lease structures, and a premier location, this asset presents a compelling investment opportunity. Offered at a 6.0% CAP rate. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Full Property Details
Full Property Details for 12270 S 700 E
General
- Price: $1,800,000
- Taxes: $24,000
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2164090
- Updated: 6/9/2026
- Added to Site: Today
Location
- Area: Sandy; Draper; Granite; Wht Cty
- County: Salt Lake
- Subdivision: DRAPERVILLE
Structural Information
- Current Bldg. Use: Retail
- Year Built: 1988
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829.2
- Lot Size: .57
- Zoning: CC
Financial Considerations
- Tax Amount: $24,000
Disclosures and Reports
- Property ID: 28-29-304-008
Listed by KW Utah Realtors Keller Williams (Brickyard)
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Schools
Schools serving 12270 S 700 E
School District:Canyons School District
| Name | Grades | Distance |
|---|---|---|
Sprucewood School 12025 South 1000 East, Sandy, UT 84094 | K-5 | 0.6 mi |
Alta High School 11055 South 1000 East, Sandy, UT 84094 | 9-12 | 1.7 mi |
Mt. Jordan Middle 9351 Mountaineer Ln, Sandy, UT 84070 | 6-8 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12270 S 700 E
Date
Details
Price
Change
Source
6/09/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12270 S 700 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,374
4%
$895,800
5%
2024
$8,088
-13%
$849,800
-12%
2023
$9,298
32%
$969,800
37%
2022
$7,038
268%
$709,000
-7%
2021
$1,914
867%
$762,600
35%
2020
$198
60%
$566,800
7%
2019
$124
114%
$531,400
12%
2016
$58
—
$474,800
3%
2016
$58
-98%
$463,100
9%
2015
$3,303
-47%
$425,200
—
2013
$6,260
—
$425,200
3%
2013
$6,260
—
$411,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12270 S 700 E
12270 S 700 E, Draper, UT 84020 (MLS# 2164090) is a Retail property. 12270 S 700 E is currently listed for $1,800,000 and was received on June 09, 2026. Want to learn more about 12270 S 700 E? Do you have questions about finding other Retail real estate for sale in Draper? You can browse all Draper real estate or contact a Coldwell Banker agent to request more information.

