2165 E 9400 S
Sandy, UT 84093
Retail Property For Sale

Marcus & Millichap is proud to present this Shopko property located at 2165 East 9400 South Sandy, Utah. Shopko has its own parcel and lies on 9.18 acres and the store is comprised of 94,729-square feet of building space. The property benefits from its strategic location alongside a Smith’s Grocery store which see’s over 30,000 Vehicles per Day and lies on Route 9400 which is the main east/west thoroughfare of Sandy. This Sandy, Utah Shopko has just over nine years remaining on an absolute Net (NNN) lease that was entered into January 29, 2007. The current rent is $935,095.92 and rent is scheduled to increase on January 31st, 2018 by the lessor of six percent and 1.25x the change in Consumer Price Index (CPI) over the previous three years. Rent will follow this escalation structure every three years after the next rental increase. Additionally, there are four, 5-year tenant renewal options. Headquartered in Green Bay, Wisconsin, Shopko Stores Operating Company, Limited Liability Company (LLC) is now a $3 Billion retailer that operates over 3300 stores in 21 states throughout the Midwest, Mountain, North Central and Pacific Northwest.