1005 E Fort Union Blvd | Midvale, UT 84047
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1005 E Fort Union Blvd
Midvale, UT 84047
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
1,690 SF
Building Class
B
Year Built/Renovated
1984/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.31 AC
Zoning
2000
Parking
12 Spaces (7.1 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
ABOUT 1005 E FORT UNION BLVD , MIDVALE, UT 84047
Leased investment Property in High Traffic location. Tenant pays all expenses except ground lease payment. Great solid tenant in a very clean retail space and operation. 4 years remaining on the lease with a 5 year option to renew. Gross Income = $43,517 Expense (ground lease) = $8,400 NOI=$35,117. Lease has 3% annual increases. Property is on a ground lease with 50 years remaining and fixed lease rate. Do Not Disturb Tenants.
PROPERTY TAXES
| Parcel Number | 22-29-128-008-0000 | Improvements Assessment | $218,100 |
| Land Assessment | $637,400 | Total Assessment | $855,500 |
PROPERTY TAXES
Parcel Number
22-29-128-008-0000
Land Assessment
$637,400
Improvements Assessment
$218,100
Total Assessment
$855,500
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