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7495 Union Park Ave
Sandy, UT 84093
Midvale Retail · Retail Property For Sale
Investment Highlights
- New 10 year lease with 4 - 5 year options to renew
- Located on 1300 East at a signalized intersection for easy access
- Do Not Disturb Tenant
- 10% increases every 5 years
- 4,060 SF on 1.08 Acres
- Contact Listing Agent for additional information
Executive Summary
New 10 year Lease - 9.5 years remaining
Four - 5 year options to renew
Four - 5 year options to renew
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
2001/2025
Price
$2,618,182
Price Per SF
$654.55
Cap Rate
5.50%
NOI
$144,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.08 AC
Zoning
SD - Commercial
Parking
68 Spaces (17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 22-29-427-017-0000 | Improvements Assessment | $14,500 |
| Land Assessment | $1,327,700 | Total Assessment | $1,342,200 |
Property Taxes
Parcel Number
22-29-427-017-0000
Land Assessment
$1,327,700
Improvements Assessment
$14,500
Total Assessment
$1,342,200
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