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Flower Child 4422 Tree Sparrow Ln 3 716 pi² Commerce de détail Immeuble Riverton, UT 84096 6 785 528 $ CAD (1 826,03 $ CAD/pi²) 5,25% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Long-Term Lease with Percentage Rent | Investment Grade Credit
- New 15-Year Lease with Corporate Guaranty
- Benefits from frontage along 13400 South St. (±31,447 VPD)
- Flower Child is owned by The Cheesecake Factory (NASDAQ: CAKE)
- Positioned within Mountain View Village, a ±1MM SF mixed-use destination
- Located in a mature and dense trade area with ±208,410 residents with average household incomes of ±$161,022 within a 5-mile radius
RÉSUMÉ DE L'ANNONCE
Colliers is pleased to exclusively offer for sale a new construction single tenant net-leased Flower Child located within Mountain View Village – an ±85- acre mixed use destination that is part of a ±600-acre master development featuring additional residential, office, and retail, in the Salt Lake City, UT MSA.
The asset benefits from a 15-Year Lease with percentage rent, annual base rent and fixed CAM increases, including options, along with combined traffic counts in excess of ±50,943 VPD.
Mountain View Village has been drawing people 25 miles south of downtown Salt Lake with its vast amount of must-visit shops and restaurants. Notable national co-tenants include Harmons, Cinemark, Sephora, Nike, Anthropologie, Athleta, Lululemon, PetSmart, Kona Grill, Brandy Melville, and more. The project is in Phase III of development with additional retail, office, medical, hotel, and a future Trax Line transit line extension. Upon completion, Mountain View Corridor is projected to carry ±165,000 VPD.
The asset is surrounded by affluence with nearby neighborhoods that are well known for being impressive in size and finishes, servicing ±208,410 residents with an annual household income of ±$161,022 within a 5-mile radius.
The asset benefits from a 15-Year Lease with percentage rent, annual base rent and fixed CAM increases, including options, along with combined traffic counts in excess of ±50,943 VPD.
Mountain View Village has been drawing people 25 miles south of downtown Salt Lake with its vast amount of must-visit shops and restaurants. Notable national co-tenants include Harmons, Cinemark, Sephora, Nike, Anthropologie, Athleta, Lululemon, PetSmart, Kona Grill, Brandy Melville, and more. The project is in Phase III of development with additional retail, office, medical, hotel, and a future Trax Line transit line extension. Upon completion, Mountain View Corridor is projected to carry ±165,000 VPD.
The asset is surrounded by affluence with nearby neighborhoods that are well known for being impressive in size and finishes, servicing ±208,410 residents with an annual household income of ±$161,022 within a 5-mile radius.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 716 pi²
Classe d’immeuble
B
Année de construction
2025
Prix
6 785 528 $ CAD
Prix par pi²
1 826,03 $ CAD
Taux de capitalisation
5,25%
Revenu net d’exploitation
356 300 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,43
Taille du lot
0,20 AC
Zonage
Commercial - Commercial
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Flower Child | 4422 Tree Sparrow Ln
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