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Big Brand Tire & Service 210 W Parrish Ln 6,080 SF Retail Building Centerville, UT 84014 $2,750,000 ($452.30/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Corporate Guarantee from Growing Operator
- Adjacent to Top-Performing Walmart Supercenter
- Institutionally Backed by Percheron Capital
- Dense Retail Corridor with Many Anchor Tenants
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a Big Brand Tire & Service located at 220 W Parrish Ln, Centerville, UT 84014. The site consists of roughly 6,080 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Big Brand Tire & Service is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $165,000 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,080 SF
Building Class
B
Year Built
1983
Price
$2,750,000
Price Per SF
$452.30
Cap Rate
6%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.60 AC
Zoning
C-VH
Parking
18 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
144’ on W Parrish Ln
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-107-0005 | Improvements Assessment | $756,626 |
| Land Assessment | $478,812 | Total Assessment | $1,235,438 |
PROPERTY TAXES
Parcel Number
02-107-0005
Land Assessment
$478,812
Improvements Assessment
$756,626
Total Assessment
$1,235,438
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Big Brand Tire & Service | 210 W Parrish Ln
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