757 W North Temple - Auto Repair FOR SALE


Salt Lake City, UT 84116
$1,700,000 USD
801-303-5555
757 W North Temple, Salt Lake City, UT for Sale
$1,700,000 USD
Auto Repair - FOR SALE
1/1
null | Request Cap Rate

757 W North Temple
Salt Lake City, UT 84116


OVERVIEW

• NNN Lease: Jiffy Lube is responsible for CAM, Repairs & Maintenance, Utilities, Taxes, and Insurance • Lease Term: Jiffy Lube has over 4 years of term remaining • Long-Term Tenancy: The tenant has occupied this location since 1994 • Credit Tenant: Jiffy Lube is a wholly subsidiary of Shell PLC (NYSE: SHEL) featuring AA- credit rating • Location: Prime visibility and strategically located on the highly-trafficked North Temple corridor (13,759 ADT) • Strong Area Demographics: Within a 5-mile radius, there are 88,437 households featuring average annual income of $95,539 and population of 209,127 • Covered Land Play: Possible covered land opportunity given the site’s TSA-UN-C Zoning

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$843 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube - NNN Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

2000

APN/PARCEL ID

08-35-478-053-0000

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

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