179 N Geneva Rd | Vineyard, UT 84058
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- LoopNet Team
179 N Geneva Rd
Vineyard, UT 84058
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- O’Reilly Auto Parts, currently a near $60 Billion dollar company, boasts a strong investment grade credit of BBB from Standard & Poor’s
- – Over the last decade, there are newer, large residential developments, industrial, retail, entertainment, medical etc.
- This property sits in an affluent area with average household incomes north of $110,000 in a 1 mile radius.
- Vineyard, UT, just south of Salt Lake City, has experienced hyper growth where populations grew from 139 at the 2010 Census to nearly 17,000 now
- Off Hwy 114, Geneva Road, and with great visibility/access, O’Reilly sees upwards of ±20,000 VPD.
- The site was completed in 2019, with a signed 20-year lease that has ±14.75 years of term remaining and 4, 5 year renewal options as well.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,276 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.85 AC
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 40-513-0001 | Improvements Assessment | $1,222,400 |
| Land Assessment | $553,300 | Total Assessment | $1,775,700 |
PROPERTY TAXES
Parcel Number
40-513-0001
Land Assessment
$553,300
Improvements Assessment
$1,222,400
Total Assessment
$1,775,700
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