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12623 S Redwood Rd
Riverton, UT 84065
Walgreens · Retail Property For Sale
Investment Highlights
- CREDIT TENANT: CORPORATE GUARANTEE FROM WALGREENS (NYSE: WBA)
- WALGREENS HAS BEEN OPERATING AT THIS LOCATION SINCE 2003
- SALT LAKE MSA: LOCATED IN THE FASTEST GROWING SUBMARKET IN THE UNITED STATES
- LONG LEASE TERM: 8+ YEARS REMAINING ON PRIMARY LEASE TERM WITH 10, FIVE YEAR RENEWAL OPTIONS
- ABSOLUTE TRIPLE NET (NNN) LEASE. TENANT IS RESPONSIBLE FOR ALL EXPENSES INCLUDING ROOF AND STRUCTURE
- HARD SIGNALIZED CORNER: STRATEGIC LOCATION IN A DENSE RETAIL CORRIDOR
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.71 AC
Zoning
C-G
Frontage
514’ on Redwood Rd
Amenities
- Bus Line
- Signage
- Signalized Intersection
- Car Charging Station
Property Taxes
| Parcel Number | 27-34-201-095-0000 | Improvements Assessment | $3,582,600 |
| Land Assessment | $1,913,600 | Total Assessment | $5,496,200 |
Property Taxes
Parcel Number
27-34-201-095-0000
Land Assessment
$1,913,600
Improvements Assessment
$3,582,600
Total Assessment
$5,496,200
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