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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2017068
Sold Date 11/01/24
Construction Status Blt./Standing
HOA Y/N No
Year Built 1968
Annual Tax Amount $9,075
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 0.0x0.0x0.0
Property Description
Prime investment opportunity. Long-term existing NNN lease by experienced operators with successful track record. Zero landlord obligations. NOI: $67,487 and 6.1% CAP rate. Located on busy 700 East with high daily traffic counts. Convenient on-site parking. Surrounded by major retailers within a 0.5-mile radius.
Location
State UT
County Salt Lake
Area Sandy; Draper; Granite; Wht Cty
Zoning Commercial
Interior
Fireplace false
Exterior
Waterfront No
View Y/N No
Present Use Retail
Private Pool false
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 28-06-479-033
Horse Property No
Financing Conventional
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Bought with NON-MLS
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