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2703 S 8400 W
Magna, UT 84044
Retail Property For Sale
Investment Highlights
- Over 9 years remaining on the lease term followed by three (3), 5-year renewal options.
- 7-Eleven has ±40 years of successful operating history at this location.
- 7-Eleven is a “Recession-Proof” tenant and e-commerce resistant.
- Recent lease extension demonstrates tenant’s commitment to and performance at this location.
- Absolute triple net lease with zero landlord responsibilities.
- There are ±51,371 people living within a 3-mile radius with Average Household Income of ±$106,430 and projected to grow over the next 5 years.
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
2,577 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
Zoning
C-2 - Commercial
Parking
8 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | 14-29-201-011-0000 | Improvements Assessment | $296,900 |
| Land Assessment | $929,000 | Total Assessment | $1,225,900 |
Property Taxes
Parcel Number
14-29-201-011-0000
Land Assessment
$929,000
Improvements Assessment
$296,900
Total Assessment
$1,225,900
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