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12271 Herriman Plz
Herriman, UT 84096
Nothing Bundt Cakes | Chubbys Cafe · Retail Property For Sale
Investment Highlights
- Investment Sale | Fully Leased | Long Term Leases
- Full Access and excellent visibility being located on the highly trafficked Main Street & Mountain View Corridor
- Do not disturb tenants
- 5,254 SF Building | Multi-Tenant Space
- Contact listing agent to schedule tour or for additional information
Executive Summary
Nothing Bundt Cakes recently signed a 10 year lease with 3% increases every 2 lease years | Rent Commencement Date 8-1-2025
Chubby's Neighborhood Cafe recently signed a 121 month lease, with a 2% increase every year | Rent Commencement Date 9-1-2025
The subject property is located in a rapid growth, high income area.
Located 2.5 miles from the new Salt Lake City Bee's Baseball Stadium & redevelopment area.
Herriman was the fastest-growing city over 10,000 residents in the US between 2010-2019
Chubby's Neighborhood Cafe recently signed a 121 month lease, with a 2% increase every year | Rent Commencement Date 9-1-2025
The subject property is located in a rapid growth, high income area.
Located 2.5 miles from the new Salt Lake City Bee's Baseball Stadium & redevelopment area.
Herriman was the fastest-growing city over 10,000 residents in the US between 2010-2019
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,254 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$4,575,100 CAD
Price Per SF
$870.78 CAD
Cap Rate
6%
NOI
$274,506 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
4.49 AC
Zoning
1210
Property Taxes
| Parcel Number | 26-25-402-002-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,356,445 CAD | Total Assessment | $1,356,445 CAD |
Property Taxes
Parcel Number
26-25-402-002-0000
Land Assessment
$1,356,445 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,356,445 CAD
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