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2662 S High Commons Way
West Valley City, UT 84120

$1,968,000 USD

Bank For Sale  •  4,031 SF

Property Details

  • Property Type Bank
  • Total Building Size 4,000 SF
  • Lot Size 1.07 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 4.75 %
  • Tenancy Single
25 Transit Score
62 Walk Score

Highlights

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

Property Flyers

Cap Rate: 4.75 %

Public Transportation

AirportDriveWalkDistance
Salt Lake City International 12 min - 7.2 mi
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE