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Commercial real estate marketing

Take 5 & Fiiz Drinks in Salt Lake City-Ogden MSA | Absolute NNN Leases

INVESTMENT HIGHLIGHTS

 

Located along Riverdale Road (54,100 VPD)
Nearby direct on/off ramp access to Interstate 15 (119,000 VPD)
Outparcel to Riverdale Shopping Center (650,000+ SF) anchored by Lowe’s, Ross Dress for Less, TJ Maxx, Staples, Old Navy, Petco, and many more
Located next to Newgate Mall (725,000 SF) anchored by Burlington, AT&T, Footlocker, CineMark, and more
Other nearby national/credit tenants including Costco, Walgreens, Savers, Planet Fitness, 7-Eleven, Advance Auto Parts, and many more
More than 176,000 residents (AHHI 88,867) and 84,000 employees in the 5-mile trade area

 

TAKE 5 OIL CHANGE

PRICE: $2,073,000 | CAP RATE: 5.50%

 

Brand new 15-year sale leaseback with 2 (5-year) options to extend
Absolute NNN lease
8% rental increases every 5 years throughout the initial term and options

 

FIIZ DRINKS

PRICE: $1,090,909 | CAP RATE: 5.50%

 

Brand new 10-year lease with 2 (5-year) options to extend
Absolute NNN ground lease 
10% rental increases every 5 years throughout the initial term and options

EXCLUSIVELY MARKETED BY

Jack Cornell
Vice President,

National Net Lease Group

 

D 801.410.1621

M 570.762.6075

UT License No. 9518385-SA00

Principal Broker: Sheree Strome, SRS National Net lease Group, LP | UT License No. 12332872-PB00

Owner/Agent: Members of the selling entity, Exclusive Listing Broker, are owners of this property

 

 
NNLG LISTINGS
NNLG TEAM
NNLG LINKEDIN

SRS National Net Lease Group
610 Newport Center Drive, Suite 1500  |  Newport Beach, California 92660

 

This information contained herein was obtained from sources deemed to be reliable; however SRS makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

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