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7-Eleven (Dark) - 10+ Yrs Remaining 2106 2300 W 3,000 SF Retail Building Lehi, UT 84043 $3,250,000 ($1,083.33/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 10+ Years Remaining on Absolute Triple-Net (NNN) Lease with 7-Eleven
- Signalized Hard Corner Location, Easily Accessible by ±42,000 Cars per Day via W 2100 N and ±140,000 Cars per Day via the I-15 Freeway
- Easy Access to Thanksgiving Station, a 1 Million SF Class-A Office Development
- Great Opportunity to Reposition Property with a New Tenant
- Lehi is One of the Fastest Growing Cities in Utah - Population and Households Projected to Increase 21%+ within a 1-Mile Radius of the Site by 2029
- Average Household Income Exceeds $152,000 in the Immediate Area
EXECUTIVE SUMMARY
7-Eleven Inc. is a Japanese-American international chain of convenience stores, headquartered in Dallas, Texas.
Lehi is a city in Utah County, Utah and is home to over 76,000 residents. The rapid population growth in Lehi is due, in part, to the rapid development of the tech industry region known as Silicon Slopes.
Lehi is a city in Utah County, Utah and is home to over 76,000 residents. The rapid population growth in Lehi is due, in part, to the rapid development of the tech industry region known as Silicon Slopes.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
2021
Price
$3,250,000
Price Per SF
$1,083.33
Cap Rate
5.25%
NOI
$170,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.90 AC
AMENITIES
- Signalized Intersection
- Air Conditioning
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7-Eleven (Dark) - 10+ Yrs Remaining | 2106 2300 W
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