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- LoopNet Team
1960 N State St
Orem, UT 84057
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 6.6 miles from Brigham Young University and downtown Provo, UT
- Located under 1.5 miles from 6 different elementary and high schools with student bodies ranging from 521-1,503 students
- 1.5 miles east of Interstate 15 with average daily traffic volume of 140,225
PROPERTY FACTS
ABOUT 1960 N STATE ST , OREM, UT 84057
• 15-year Absolute NNN lease – 10% increases every 5 years • Corporate Guarantee - Kneaders recently ranked by Inc. Magazine as one of its Inc. 5000, a list of the nation’s fastest-growing private companies • Flagship Location – this is the site of the first Kneaders location in 1997 – and has the highest sales volume in the entire chain. • Dense Population Area – 14,974 population within 1 mile of the property. 93,052 within a 3-mile radius. • Ideal Site Characteristics – 37,895 Average daily Traffic volume, with direct access and frontage on State Street, a main North-South retail corridor. • High Growth Area – the population has increased by over 20% since 2010, projected to increase by an additional 10%+ thru 2024. • High Income Sub-Market – Average Household income is $99,821, projected to increase to $117,097 by 2024.
PROPERTY TAXES
| Parcel Number | 44-207-0003 | Improvements Assessment | $996,400 |
| Land Assessment | $428,300 | Total Assessment | $1,424,700 |
PROPERTY TAXES
