1235 W State St - Drug Store FOR SALE


Hurricane, UT 84737
$4,100,000 USD
801-692-6838
1235 W State St, Hurricane, UT for Sale
$4,100,000 USD
Drug Store - FOR SALE
1/4
null | 7.56% Cap Rate

1235 W State St
Hurricane, UT 84737


HIGHLIGHTS

  • LONG-TERM LEASE | EXTENSION OPTIONS | GROSS RENT
  • ABSOLUTE NNN | NO LANDLORD RESPONSIBILITIES | NO MANAGEMENT NEEDED
  • HIGH GROWTH AREA | ZION’S GATE | STRONG DEMOGRAPHICS

OVERVIEW

Located on State St in Hurricane, UT, this Walgreens presents an exceptional opportunity for those seeking a passive income-producing property. With 9.5-years remaining on the Walgreens Corporate guaranteed lease, this deal offers stability and transparency. Hurricane has experienced significant growth in recent years and shows no signs of slowing down, especially with the influx of visitors to Zion National Park. As a convenient stop for both tourists and locals, this Walgreens is positioned perfectly to capitalize on the area’s continued expansion.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

HC

APN/PARCEL ID

0865060

ASK ABOUT THIS PROPERTY

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801-692-6838

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Drew HelmMountain West CommercialMore Info
801-692-6838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.