7269 S Union Park Ave | Midvale, UT 84047
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- LoopNet Team
7269 S Union Park Ave
Midvale, UT 84047
7-Eleven Fort Union Investment · Retail Property For Sale
Investment Highlights
- Brand New 2020 Construction – Projected 3rd Quarter Opening
- 10% Rent Increases Every 5-Years in Both the Primary Term & Options
- Dominate Trade Area that Includes the Following Within 3-Miles of the Property: • 11.2 Million SF of Retail • 8.1 Million SF of Office • 11,744 Units
- New Corporately Guaranteed 15-year NNN Lease with 7-Eleven, Inc (S&P: AA-)
- 7-Eleven, Inc is an Investment Grade Tenant with 70,000+ Locations Worldwide
- High Traffic Counts with 44,021 AADT on South Union Park Avenue
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,976 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.62 AC
Zoning
CR
Parking
10 Spaces (3.36 Spaces per 1,000 SF Leased)
Frontage
158’ on UNION AVENUE PARK
Property Taxes
| Parcel Number | 22-29-276-002-0000 | Improvements Assessment | $716,700 |
| Land Assessment | $953,500 | Total Assessment | $1,670,200 |
Property Taxes
Parcel Number
22-29-276-002-0000
Land Assessment
$953,500
Improvements Assessment
$716,700
Total Assessment
$1,670,200
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