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1120 W Center St
Orem, UT 84057
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
5,157 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.60 AC
Zoning
CM-2

ABOUT 1120 W CENTER ST , OREM, UT 84057

Investors have the opportunity to acquire The Stop, a 5,200 SF C-Store & Gas Station located in Salt Lake City, Utah. The tenant (The Stop) lease commenced on February, 2017, and is on a 15-year NNN with five, 5-year options. Also, the tenant (The Stop) is subleasing space to Fiiz Drinks at $2,500/mo on a 5-year NNN sublease. The operators of The Stop have over 20 years of restaurant operation experience. They have developed over 45 locations for Five Guys Burgers & Fries, 13 locations for Zaxby's, and, most recently, 2 locations for The Stop C-Stores. The operators have incorporated their experience in the food industry into The Stop to provide good and affordable food options for on-the-go dining. Additionally, they have subleased a small portion of their space to include a drive-thru for Fiiz, adding a fun alternative to the regular convenience store fountain soda pop buying experience. Fiiz is a unique specialty drink concept with 18 different locations throughout Utah, Nevada, and Arizona with average sales per unit of $625,000/Year. Fiiz provides a family-friendly environment with non-alcoholic beverage mixes. They are known for their unique soda combinations, sugar cookies They are known for their unique soda combinations, sugar cookies, cupcakes, and Italian sodas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55-816-0001
Land Assessment
$1,324,600
Improvements Assessment
$1,653,700
Total Assessment
$2,978,300
  • Listing ID: 9543549

  • Date on Market: 10/12/2017

  • Last Updated:

  • Address: 1120 W Center St, Orem, UT 84057

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