Colliers Western Region
Flower Child

Flower Child

4422 W. Tree Sparrow Drive

Riverton, UT 84096

$4,905,000
Asking Price
5.25%
Cap Rate
$257,556
NOI
100%
Occupancy
3,716 SF
Gross Leasable Area
2025
Year Built

Description

Colliers is pleased to exclusively offer for sale a new construction single tenant net-leased Flower Child located within Mountain View Village – an ±85- acre mixed use destination that is part of a ±600-acre master development featuring additional residential, office, and retail, in the Salt Lake City, UT MSA.

The asset benefits from a 15-Year Lease with percentage rent, annual base rent and fixed CAM increases, including options, along with combined traffic counts in excess of ±50,943 VPD. Mountain View Village has been drawing people 25 miles south of downtown Salt Lake with its vast amount of must-visit shops and restaurants. Notable national co-tenants include Harmons, Cinemark, Sephora, Nike, Anthropologie, Athleta, Lululemon, PetSmart, Kona Grill, Brandy Melville, and more. The project is in Phase III of development with additional retail, office, medical, hotel, and a future Trax Line transit line extension. Upon completion, Mountain View Corridor is projected to carry ±165,000 VPD.

The asset is surrounded by affluence with nearby neighborhoods that are well known for being impressive in size and finishes, servicing ±208,410 residents with an annual household income of ±$161,022 within a 5-mile radius.

Offering Summary

Property TypeRetail
Asking Price$4,905,000
Size0 SF
Available0 SF
Occupancy100%
Built2025

Sale Details

In-Place Cap Rate5.25%
In-Place NOI$257,556

Documents

Property Address

Property Details

Property TypeRetail
Gross Leasable Area (SF)3,716 SF
Available GLA (SF)3,716 SF
Occupancy100%
Lease TypeNNN
Year Built2025
Acres0.2 acres
ZoningCommercial
APN273-137-600-600-00
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Deal Team

Adam Malan

Adam Malan

Vice Chair
NV RE Lic. 0063542
Deana Marcello

Deana Marcello

Executive Vice President
NV RE Lic. 174174