About This Restaurant
Investment Highlights
Great location on East Side with tons of traffic Bright and open - Could continue as salon or would make a great medical/dental location or even a restaurant.
Executive Summary
Current upstairs tenant is month-to-month. 1st level is owner occupied and intends to vacate upon sale. Owner will consider a lease to own or straight out lease. Will also consider owner financing.
Property Details
- Sale Type Investment or Owner User
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Storefront Retail/Office Storefront Retail/Office General Retail Restaurant Office Medical Storefront Retail/Office
- Building Size 6,492
- Building Class B
- Year Built 2002
- Price 3,125,000
- Price Per SF 481
- Cap Rate 4.52
- NOI 141,215
- Tenancy Single
- Building Height 2 Stories
- Building FAR 0.32
- Land Acres 0.47 AC
Nearby Amenities & Transportation
| Retail | Zions Bank | ||
| Retail | Starbucks | ||
| Retail | U.S. Bank | ||
| Retail | Whole Foods Market | ||
| Retail | Curves | ||
| Retail | Bank of Montreal | ||
| Retail | Fitness Together | ||
| Retail | Beans & Brews Coffee House | ||
| Retail | America First Credit Union | ||
| Retail | Cottonwood Heights Fit Body Boot Camp |
Property Taxes
| Parcel Number | 22-28-229-017-0000 | Improvements Assessment | $498,900 |
| Land Assessment | $988,500 | Total Assessment | $(1) (0.00/SF) |
| Date Created: | 2024-07-16 04:23:46 | Last Updated: | 2024-07-16 04:23:46 |
| Address: | 7076 S Highland Dr , Cottonwood Heights, Utah, 84121 | ||