2662 S High Commons Way | West Valley City, UT 84120
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2662 S High Commons Way
West Valley City, UT 84120
Bank of America · Retail Property For Sale
Investment Highlights
- 10+ years remaining on corporate ground lease featuring 10% rental increases every 5 years during the primary terms and option periods
- Pad to Target-anchored shopping center with drive-thru
- Top 17% most visited Bank of America location in Utah per Placer.ai
- Strong intrinsic value – large 1.07-acre lot with low rent of $93,500
- Significant frontage on S 5600 W – 36,630 VPD
- Affluent residential demographics – $105,388 average household incomes within a 1-mile radius of the subject property
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.07 AC
Zoning
M - Manufacturing Zoning
Parking
97 Spaces (0 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 14-24-353-006-0000 | Improvements Assessment | $1,492,700 |
| Land Assessment | $1,130,300 | Total Assessment | $2,623,000 |
Property Taxes
Parcel Number
14-24-353-006-0000
Land Assessment
$1,130,300
Improvements Assessment
$1,492,700
Total Assessment
$2,623,000
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