284 S Orchard Dr - Retail FOR SALE


North Salt Lake, UT 84054
$3,000,000 USD
801-540-2285
284 S Orchard Dr, North Salt Lake, UT for Sale
$3,000,000 USD
Retail - FOR SALE
1/3
null | 5.5% Cap Rate

284 S Orchard Dr
North Salt Lake, UT 84054


HIGHLIGHTS

  • New Starbucks 10-year NNN Lease
  • Investment grade Tenant (S&P BBB+)
  • Well positioned in captive trade area with limited area fo r any competition
  • Over 1,000 high-end apartments in walking distance
  • Freeway access to site

OVERVIEW

New Starbucks 10-year NNN Lease Investment grade Tenant (S&P BBB+) Well positioned in captive trade area with limited area for any competition Over 1,000 high-end apartments in walking distance Freeway access to site

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,463 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks NNN - North Salt Lake

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

88,066 SF

ZONING

P (Planned District)

APN/PARCEL ID

01-520-0001

ASK ABOUT THIS PROPERTY

Adam HawkesMountain West CommercialMore Info
801-540-2285

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Adam HawkesMountain West CommercialMore Info
801-540-2285

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