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Cafe Rio / Noodles & Co Strip Centers 1 Retail Properties Offered at $14,517,387 CAD in West Valley City, UT
Investment Highlights
- 100% occupied retail strip buildings with synergistic mixes of national and regional tenancies
- Multiple long-term leases signed within the last five years demonstrating commitment to the location
- Replaceable rents averaging $35.53/SF
- Pads to Highbury Center – ranked among the top 11% of shopping centers nationwide in terms of annual visitors per Placer.ai
- Premier fundamentals – hard corner signalized intersections in front of Target / WinCo grocery anchored center
- Corporate and personal guarantees backing the leases
Executive Summary
Two fully occupied strip buildings that serve as premier outparcels to Highbury Center which ranks among the top 11% of shopping centers nationwide in terms of annual visitors (3.3M) per Placer.ai. Multiple tenants have signed new leases featuring annual rental increases within the last five years demonstrating long-term dedication to this location. Properties must be sold together.
Property Facts
| Price | $14,517,387 CAD | Number of Properties | 2 |
| Price / SF | $616.08 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.30% | Total Building Size | 23,564 SF |
| Sale Type | Investment | Total Land Area | 0.81 AC |
| Status | Active |
| Price | $14,517,387 CAD |
| Price / SF | $616.08 CAD / SF |
| Cap Rate | 6.30% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 23,564 SF |
| Total Land Area | 0.81 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5567 W High Market Dr, West Valley City, UT 84120 | Retail | 23,564 SF | 2013 | - |
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Cafe Rio / Noodles & Co Strip Centers
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