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11399 S Redwood Rd - Rocket Express Car Wash 11,167 SF Specialty Building Offered at $10,990,850 at a 6.50% Cap Rate in South Jordan, UT 84095
Investment Highlights
- ±290’ Tunnel | Best-in-Class Buildout with Proven Operating History
- 100% Bonus Depreciation Eligible Asset
- Salt Lake City MSA | Top 50 U.S. Metro with Strong Growth Fundamentals
- Absolute NNN Lease w/ ±16 Years Remaining | 2.00% Annual Rent Escalations
- High-Traffic, Signalized Intersection Along South Redwood Road
- Dense, Affluent 5-Mile Trade Area | ±300K Population | ±$120K Avg. HH Income
Property Facts
| Price | $10,990,850 | Building Class | C |
| Price Per SF | $984.23 | Lot Size | 2.41 AC |
| Sale Type | Investment | Building Size | 11,167 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2017 |
| Property Subtype | Car Wash | Parking Ratio | 3.4/1,000 SF |
| Zoning | M-U-SO - Mixed Use | ||
| Price | $10,990,850 |
| Price Per SF | $984.23 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 2.41 AC |
| Building Size | 11,167 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 3.4/1,000 SF |
| Zoning | M-U-SO - Mixed Use |
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Property Taxes
| Parcel Number | 27-22-251-066-0000 | Improvements Assessment | $2,816,590 |
| Land Assessment | $2,860,600 | Total Assessment | $5,677,190 |
Property Taxes
Parcel Number
27-22-251-066-0000
Land Assessment
$2,860,600
Improvements Assessment
$2,816,590
Total Assessment
$5,677,190
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Arsenal Real Estate Advisors
11399 S Redwood Rd - Rocket Express Car Wash
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