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10620 S 700 E
Sandy, UT 84070
Jiffy Lube Investment Sale · Land For Sale
·
0.28 AC
EXECUTIVE SUMMARY
Purchase Price: $1,266,717.34 5.5% Cap Rate.
Just under 9 years remaining on lease (Oct 31,2033)
Lease increases by the greater of 2% or CPI index every year
New Quick Quack going adjacent to this location
Average 1.5K visitors monthly (placer.ai data)
Over 20k daily traffic on 10620 S & 700 E
Just under 9 years remaining on lease (Oct 31,2033)
Lease increases by the greater of 2% or CPI index every year
New Quick Quack going adjacent to this location
Average 1.5K visitors monthly (placer.ai data)
Over 20k daily traffic on 10620 S & 700 E
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.28 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | CN - Commercial Zoning | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.28 AC |
| No. Stories | 1 |
| Zoning | CN - Commercial Zoning |
1 LOT AVAILABLE
Lot 1
| Price | $1,266,717 | Lot Size | 0.28 AC |
| Price Per AC | $4,523,989.29 |
| Price | $1,266,717 |
| Price Per AC | $4,523,989.29 |
| Lot Size | 0.28 AC |
Prime investment opportunity! Own land at 10620 S and 700 E, with over 20,000 cars passing daily. A Jiffy Lube occupies the site with 9 years left on the lease, offering stable, passive income in a high-visibility, high-traffic location.
DESCRIPTION
Average 1.5K visitors monthly (placer.ai data) Over 20k daily traffic on 10620 S & 700 E
PROPERTY TAXES
| Parcel Number | 28-18-426-031-0000 | Improvements Assessment | $72,900 |
| Land Assessment | $1,154,800 | Total Assessment | $1,227,700 |
PROPERTY TAXES
Parcel Number
28-18-426-031-0000
Land Assessment
$1,154,800
Improvements Assessment
$72,900
Total Assessment
$1,227,700
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