2359 S 1500 E
Naples, UT 84078
Industrial Property For Sale

SRS National Net Lease Group is pleased to present the rare opportunity to acquire a single tenant, corporate guaranteed absolute NNN leased investment property located in Naples, UT. The lease is guaranteed by Lewis-Goetz and Company, Inc., which has 5.5 years remaining, is currently subleased to Liquid Herbals Manufacturing, LLC. The lease features 1.5% annual rent increases throughout the primary term and at the beginning of each option period. If the property is still being subleased at the end of the primary term, the tenant has no right to exercise their options allowing a future owner to release the property. The property is strategically located near Highway 40 with over 26,900 vehicles passing by each day. Liquid Herbals Manufacturing is located in the heart of the Uinta Basin shale oil corridor, where major oil companies including Haliburton Company, Western Petroleum Company, and Mountain West Oil Field Services all have facilities. The presence of these industry leaders creates a large potential client base for future manufacturing tenants. In addition, the property is located in close proximity to the Vernal Regional Airport with convenient commercial shipping access.