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423 N Cabelas Dr
Farmington, UT 84025
Land For Sale
·
1.53 AC
Investment Highlights
- Absolute NNN Ground Lease
- Zero Landlord Responsibilities – Ideal 1031 Exchange Asset
- Free and Clear of Existing Financing
- New Construction (2022) – 15 Year Absolute NNN Corporate Ground Lease – Bank of America, N.A
- Inflation Hedge – 10% Increases Every 5 Years
- Premier Retail Destination
Property Facts
Description
* Excellent Credit Tenant Bank of America represents one of the most desirable tenants in the retail investment world and is currently rated “A+” by S&P’s * Premier Retail Destination As a result of ongoing commercial development and renewed tenant demand, the immediate Farmington area has witnessed an influx of national retailers looking to capitalize on the area’s regional consumer draw. * Free and Clear of Existing Financing The Property will be transferred free and clear of debt. Investors will be able to capitalize on today’s attractive debt markets and secure highly aggressive and favorable financing. Numerous floating and fixed rate financing options will be accretive to investment yield expectations.
Property Taxes
| Parcel Number | 08-591-0408 | Improvements Assessment | $671,329 |
| Land Assessment | $1,053,499 | Total Assessment | $1,724,828 |
Property Taxes
Parcel Number
08-591-0408
Land Assessment
$1,053,499
Improvements Assessment
$671,329
Total Assessment
$1,724,828
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