The Villages at South Mountain • Investment
Multi-Tenant Investment
Marketing description
The property has been developed with strong national and local branded tenants. All leases are (i) for 10-year terms plus options and have built-in rent growth and (ii) are triple type net lease for smaller shop buildings. Visible to over 31,000/cars per day. The building is centrally located and draws traffic from all neighborhoods nearby. The tenant mix can provide for a wide variety of needs from both residents and visitors alike. Located in Salt Lake County, Riverton is a suburb of Salt Lake City with a population of 191,865 within a 5-mile radius. Living in Riverton offers residents a rural feel and most residents own their homes. The median household income is $122,839 within a 3-mile radius.
Ground breaking June 30, 2026 with Delivery November 2026!
Investment highlights
- Strong Tenancy Mix
- All NNN leases with 10 year terms plus options
- High visibility with over 31,000/cars per day
- Located in Riverton, a high growth area with a population of over a 191,000 within a 5-mile radius.
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