Log In/Sign Up
Your email has been sent.
385 N Main St
Nephi, UT 84648
Dollar General Multi-Tenant Investment · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dollar General Anchor Tenant
- Options to Renew
- Call or Email for more info
- 10% Increases in Option Periods
- Minimal Landlord Responsibilities
EXECUTIVE SUMMARY
Newmark Mountain West is proud to present the opportunity to acquire a Multi-Tenant opportunity in the Nephi trade area. Subject property is an 11,838 square foot freestanding building located on Main Street, a retail corridor surrounded by many heavily trafficked retailers. Dollar General recently renewed an additional 5-year lease, renewal term is set to expire 2027.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,920 SF
Building Class
C
Year Built/Renovated
1970/2006
Price
$2,063,137 CAD
Price Per SF
$173.08 CAD
Cap Rate
7%
NOI
$144,420 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.06 AC
Zoning
Commercial
Parking
54 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
135’ on N Main St
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | XA00-0521 | Improvements Assessment | $1,113,798 CAD |
| Land Assessment | $416,095 CAD | Total Assessment | $1,529,893 CAD |
PROPERTY TAXES
Parcel Number
XA00-0521
Land Assessment
$416,095 CAD
Improvements Assessment
$1,113,798 CAD
Total Assessment
$1,529,893 CAD
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
