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416 W 500 S
Bountiful, UT 84010
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Lease Investment Sale
- High Traffic Counts - 500 S - 24,870 ADT & 500 West - 17,820 ADT
- Great Opportunity
- Located east of I-15 entrance/exit ramps
- High Income - High Trade Area
EXECUTIVE SUMMARY
The subject property consists of 3 buildings - Bldg 1: Single Tenant - Starbucks: Bldg 2: Multi-Tenant (3) Bountiful Emissions, Show & Tell AV Solutions, Savant Barbershops: Bldg 3: Multi-Tenant (2) Pure Hockey & D-1 Sports This 100% leased retail asset, is anchored by a strong mix of national credit and regional credit tenants, offering long-term stability and income security. Situated in a high-income trade area with an average household income of $129,224 within a 3-mile radius, the property benefits from a high average HH income. The surrounding area features a robust lineup of national credit retailers, further enhancing the location's long-term viability and foot traffic.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
21,294 SF
Building Class
B
Year Built/Renovated
1980/2014
Price
$9,821,802 CAD
Price Per SF
$461.25 CAD
Cap Rate
6.75%
NOI
$662,972 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.85 AC
Zoning
CG
Parking
58 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 03-025-0084 | Improvements Assessment | $3,679,652 CAD |
| Land Assessment | $2,217,018 CAD | Total Assessment | $5,896,670 CAD |
PROPERTY TAXES
Parcel Number
03-025-0084
Land Assessment
$2,217,018 CAD
Improvements Assessment
$3,679,652 CAD
Total Assessment
$5,896,670 CAD
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