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22 S State St
Salina, UT 84654
Family Dollar · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- Ideal Family Dollar Demographics
- Commitment to Location
- Positive Growth Trends
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a Family Dollar located at 22 S State St., Salina, UT 84654. The site consists of roughly 8,265 rentable square feet of building space on an estimated 0.68-acre parcel of land. This Family Dollar is subject to a 10-year Double Net (NN) lease, which commenced 4/3/2014. The current annual rent is $123,200 and has scheduled increases of 10.00% in options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,265 SF
Building Class
B
Year Built
2014
Price
$1,408,000
Price Per SF
$170.36
Cap Rate
8.75%
NOI
$123,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.68 AC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $700,460 | |
| Land Assessment | $78,348 | Total Assessment | $778,808 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$78,348
Improvements Assessment
$700,460
Total Assessment
$778,808
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