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Kane Creek Shopping Center
702 S. Main, Moab, UT 84532
N/A
44,095 SF
Retail
Neighborhood Center
Investment
3%
9.50%
94%
Multiple
2.59 AC
-
Last Verified 11/14/2011
Listing ID 15814664
Description
9.5% CAP ON EXITING NOI -$63 PSF- Grocery Anchored Asset in a Resort Quality Destination -This is the only grocery anchored shopping center in Moab, Utah. The property has a great mix of tenants with the regional grocery store, Village Market, and the additional tenants of Family Dollar, AT&T Mobil, Moab Laundry, and a Nail Salon. The property is on Main Street, just south of downtown Moab. In 2005 an experienced grocery store operator completely renovated and re-formated the grocery store to create Village Market, which has done well with local and tourists alike.
Moab is located in southeastern Utah, about an hour and one half west of Grand Junction, Colorado. Moab is considered the mountain biking capital of the world with Arches National Park, Canyonlands National Park, and the infamous Slick Rock surrounding the city. The city hosts over one million tourists a year who come to see the spectacular landscapes and enjoy participation in extreme sports.
Full 3% Commission goes to selling broker
Map of 702 S. Main, Moab, UT 84532 (Grand County)
Created 7/22/2008
Additional Information for 702 S Main Street, Moab, UT 84532
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