Bank For Sale • 4,031 SF
10+ years remaining on corporate ground lease featuring 10% rental increases every 5 years during the primary terms and option periods |
Strong intrinsic value – large 1.07-acre lot with low rent of $93,500 |
Pad to Target-anchored shopping center with drive-thru |
Significant frontage on S 5600 W – 36,630 VPD |
Top 17% most visited Bank of America location in Utah per Placer.ai |
Affluent residential demographics – $105,388 average household incomes within a 1-mile radius of the subject property |
Cap Rate: | 4.75 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Salt Lake City International | 12 min | - | 7.2 mi |