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 |
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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 |
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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 |
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