10702 River Front Pkwy, South Jordan, UT 84095
14,905 SF | Retail Building | South Jordan, UT 84095 | $8,725,000 ($585/SF) | 6.25% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 17 days
Asking Price $8,725,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 14,905 SF
- Price / Square Foot
- $585
Listing Contacts
Brian Brockman
- Property Info
Property Overview
Bang Realty is pleased to present the exclusive listing for a Market Street Grill located at 10702 S River Front Parkway in South Jordan, Utah. The site consists of roughly 14,905 rentable square feet of building space on an estimated 3.60-acre parcel of land. There are approximately 15.5 years of lease term remaining on an original 20-year, triple net (NNN) lease with four (4), five (5)-year tenant renewal options. The rent increases by 1.75% annually.
Property Details
- Class
- B
- Year Built
- 2006
- Stories
- 1
Highlights
- Long Term Absolute NNN Lease | Approximately 15.5 Years of Term Remaining
- Attractive Rental Increases | 1.75% Annually
- Four (4), Five (5) Year Tenant Renewal Options
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