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Midvale Retail 7495 Union Park Ave 4,000 SF Retail Building Sandy, UT 84093 $3,664,748 CAD ($916.19 CAD/SF) 5.50% Cap Rate
Investment Highlights
- New 10 year lease with 4 - 5 year options to renew
- Located on 1300 East at a signalized intersection for easy access
- Do Not Disturb Tenant
- 10% increases every 5 years
- 4,060 SF on 1.08 Acres
- Contact Listing Agent for additional information
Executive Summary
New 10 year Lease - 9.5 years remaining
Four - 5 year options to renew
Four - 5 year options to renew
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
2001/2025
Price
$3,664,748 CAD
Price Per SF
$916.19 CAD
Cap Rate
5.50%
NOI
$201,561 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.08 AC
Zoning
SD - Commercial
Parking
68 Spaces (17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Penny Ann's Cafe
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Penny Ann's Cafe | Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Zions Bank
Property Taxes
| Parcel Number | 22-29-427-017-0000 | Improvements Assessment | $20,296 CAD |
| Land Assessment | $1,858,421 CAD | Total Assessment | $1,878,718 CAD |
Property Taxes
Parcel Number
22-29-427-017-0000
Land Assessment
$1,858,421 CAD
Improvements Assessment
$20,296 CAD
Total Assessment
$1,878,718 CAD
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Midvale Retail | 7495 Union Park Ave
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