1881 W 500 S - Fast Food FOR SALE
Springville, UT 84663 |
$1,106,300 USD
1881 W 500 S
Springville, UT 84663
HIGHLIGHTS
- Triple Net (NNN) Lease - 10% Rental Increases Every 5 Years
- Ten (9.9) Years Remaining - Below Market Rent
- Outparcel to Walmart Supercenter - $118K AHI Within 5-Miles
- 2.04% Annual Population Growth - 114K Residents Within 5-Miles
- 10 Mins from Provo, UT - 45 Mins from Salt Lake City, UT
- Adjacent to I-15 Freeway - 141K Cars Per Day
FOR SALE DETAILS
PRICE
$1,106,300 USD
PRICE/SF
$426 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Arby's | Springville, UT
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
-
APN/PARCEL ID
52-889-0020
ASK ABOUT THIS PROPERTY
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