Property Sale Details
Property Highlights:
Purchase Price: $1,266,717.34 5.5% Cap Rate.
Just under 9 years remaining on lease (Oct 31,2033)
Lease increases by the greater of 2% or CPI index every year
New Quick Quack going adjacent to this location
Average 1.5K visitors monthly (placer.ai data)
Over 20k daily traffic on 10620 S & 700 E
Lease increases by the greater of 2% or CPI index every year
New Quick Quack going adjacent to this location
Average 1.5K visitors monthly (placer.ai data)
Over 20k daily traffic on 10620 S & 700 E
PROPERTY FACTS
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.28 AC |
Sale Price: $1,299,999
Year Built: 2011
Property Type: Restaurant, Retail, Shopping Center