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Salt Lake City Retail/Restaurant 25 E Kensington Ave 6,000 SF 100% Leased Retail Building Salt Lake City, UT 84115 $3,460,250 CAD ($576.71 CAD/SF) 6.53% Cap Rate
Executive Summary
Align Real Estate is pleased to present this fully leased retail investment
opportunity in Salt Lake City's Ballpark neighborhood. This site offers
stabilized cash flow with 7 tenants, off street parking and major capital
improvements.
opportunity in Salt Lake City's Ballpark neighborhood. This site offers
stabilized cash flow with 7 tenants, off street parking and major capital
improvements.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
C
Year Built
1980
Price
$3,460,250 CAD
Price Per SF
$576.71 CAD
Cap Rate
6.53%
NOI
$225,875 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.33 AC
Zoning
CC - Commercial Corridor
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Gold Blood Collective
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- King’s Lounge
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Oliver and Princess Natasha
- Public Administration
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Sway Dance Academy
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Gold Blood Collective | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| King’s Lounge | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Oliver and Princess Natasha | Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Sway Dance Academy | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-18-104-014-0000 | Improvements Assessment | $819,231 CAD |
| Land Assessment | $933,513 CAD | Total Assessment | $1,752,744 CAD |
Property Taxes
Parcel Number
16-18-104-014-0000
Land Assessment
$933,513 CAD
Improvements Assessment
$819,231 CAD
Total Assessment
$1,752,744 CAD
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Salt Lake City Retail/Restaurant | 25 E Kensington Ave
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