Listed by Newmark Mountain West
$3,135,000
Copper View Plaza Building 1
Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,950
Net Rentable (SqFt) 4,950
Cap Rate 6.00%
NOI $188,100
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 03/10/2030
Remaining Term 5
Rent Bumps Yes
Price per SqFt $633
Year Built 2025
Buildings 1
Stories 1
Acreage 0.340
Investment Type Net Lease
Lease Commencement 03/11/2025
Occupancy Date 02/28/2025
Single Tenant Investment Sale - The Station Bar - Herriman UT
Investment highlights
- Investment Sale
- Located in a rapid growth, high income, high traffic area
- Subject property consists of 1 retail building
- Cap Rate: 6%
- The Station Bar has recently signed a 5-year lease with 3% annual increases
- Located 2.5 Miles from the new Salt Lake City Bee's Stadium & redevelopment area
- Nearby Retailers: Winco, Slackwater Pizza, Les Schwab, Panda Express, Quick Quack Car Wash, The Garage, Premier Pickle Ball, Einstein's, and many others
Listing Contacts
Listed by Newmark Mountain West
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$188,100.00
$15,675.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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