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INVESTMENT HIGHLIGHTS
- High Traffic
- Quality Construction: CMU Block, Concrete Roof
EXECUTIVE SUMMARY
Rare opportunity for an owner-user to purchase a fully furnished quick-serve sandwich shop in a busy trade area on south State Street in Salt Lake City, Utah. This property has an attractive storefront, high quality, sturdy CMU block and concrete construction type. Property has hoods, grease containment, ADA bathrooms and a long history of strong sales with over 34,000 AADT traffic counts. Sale included FF&E, "turn key", but does not include the nameplate.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1968
Price
$958,609 CAD
Price Per SF
$479.30 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.07 AC
Zoning
CC - Mixed Use
Parking
4 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
43’ on S State St
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Grinders 13
- Wholesaler
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Grinders 13 | Wholesaler | - | - | - |
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-18-157-028-0000 | Improvements Assessment | $234,849 CAD |
| Land Assessment | $250,743 CAD | Total Assessment | $485,592 CAD |
PROPERTY TAXES
Parcel Number
16-18-157-028-0000
Land Assessment
$250,743 CAD
Improvements Assessment
$234,849 CAD
Total Assessment
$485,592 CAD
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1618 S State St
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