This Retail Property is Off-Market.

5600 w. 3100 South
West Valley City, UT 84118 ·

2,800 SF · Retail For Sale

N/A

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Del Taco Restaurant & Drive-Thru

Price N/A Cap Rate 7.50%
Building Size 2,800 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type Restaurant Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease Year Built 2004
Commission Split 2% Lot Size 35,000 SF
Listing ID: 16298218 Date Created: 06/29/2009 Last Updated: 10/16/2009

Description

The Del Taco Restaurant is situated at the entrance a 210,000 square foot Lake Park Commercial Power center with Kohl' s, TJ Maxx, PetsMart and Michael's as the primary anchor tenants with Del Taco and Chili' s as the out-parcel pad tenants. The site offers high visibility and regional access to downtown Salt Lake City and its surrounding communities from I-80 and Hwy 20. West Valley City is a growing community in the southwest metro of Salt Lake City, UT. This Del Taco is the tenant's No. 1 location in sales for Utah Del, Inc. and producing sales that are 60% over Del Taco's national average sales average of $1.2 million.

This newly developing shopping center is located at the corner of 560 West and 3100 South with a new Super Wal-Mart center directly across the street. West Valley City, formerly known as The West Valley city Family Fitness Center, a major community public sports park is directly south across 3100 South with new residential single family, condominiums and apartments under construction behind the center. Kmart, Fazoli' s, Wendy' s, Burger King and McDonald' s are all located at this intersection.

Highlights

  • " 15 Yrs. Remaining with 4 Five year options to renew.
  • " 10% Rent Increases Every Five Years
  • " Out-Parcel Entrance to Kohl's, TJMax, PetsMart & Michaels' anchored Power Center.
  • " Newer Master Planned community 20 minutes west of downtown Salt Lake City.
  • " New Sports Park, Community Fire and Police Station Nearby.
  • " Strong Multi-Unit Franchise with $40MM Net Worth. No. 1 Del Taco Franchise.

Research

5600 w. 3100 South, West Valley City, UT 84118 (Salt Lake County)

West Valley City Market Trends - Asking price index trends, sale price trends, asking rent trends

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