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Copper View Plaza Building 2 12271 Herriman Main st 5,254 SF 100% Leased Retail Building Herriman, UT 84096 $3,296,633 ($627.45/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Multi-Tenant Investment Property
Nothing Bundt Cakes has recently signed a 10 year lease, with 3% rental increases every 2-lease years.
Chubby's Neighborhood Cafe recently signed a 121 month lease, with a 2% rental increase every lease year
The Subject property is located in a rapid growth, high income area.
Located 2.5 miles southwest of the new Salt Lake City Bee's Baseball Stadium and redevelopment area.
Herriman was the fastest-growing city over 10,000 residents in the US between 2010-2019
Nothing Bundt Cakes has recently signed a 10 year lease, with 3% rental increases every 2-lease years.
Chubby's Neighborhood Cafe recently signed a 121 month lease, with a 2% rental increase every lease year
The Subject property is located in a rapid growth, high income area.
Located 2.5 miles southwest of the new Salt Lake City Bee's Baseball Stadium and redevelopment area.
Herriman was the fastest-growing city over 10,000 residents in the US between 2010-2019
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
5,254 SF
Year Built
2025
Price
$3,296,633
Price Per SF
$627.45
Cap Rate
6%
NOI
$197,798
Percent Leased
100%
Building Height
1 Story
NEARBY MAJOR RETAILERS
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Copper View Plaza Building 2 | 12271 Herriman Main st
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