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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

4790 S STATE ST Murray UT 84107-3839

[Locked] • APN 22-07-102-014-0000

Details
Property Type Retail
Sub Type Restaurant
Building SqFt 3,956
Lot SqFt 28,750
Acreage ******
Zoning Code C-D-C
Year Built 2007
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Tax Year ******
Tax Land ******
Tax Additions ******
Tax Assessed Value ******
Days on Market ******

Property History

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Property Type
Property Type
Retail
Marketing Description

This investment opportunity brings a qualified investor a 3,956 square foot Wingers in Murray, Utah that is currently owned and operated by Wingers USA, Inc. With over 25 locations, Wingers, named best wings in the United States by USA Today, is one of the most popular restaurant chains in Utah and the Intermountain West. The sale-leaseback offering is a 15-year triple net (NNN) lease which is guaranteed by Wingers USA, parent of Winger’s Restaurant and Ale House. The initial lease term is 15 years, with four 5-year options

INVESTMENT HIGHLIGHTS 

  • Owned and Operated by Winger’s USA, Inc.
  • Wingers has 25 Locations in 5 Western States
  • Corporate Lease Guaranteed by Winger’s USA, Inc.
  • $8.5 million in Corporate Annual Sales (Includes Only the 8 Stores Wholly Owned and Operated by Wingers USA)
  • Corporate Lease Guaranteed by Winger’s USA, Inc.
  • 15 -year Base Term
  • 10% Rent Escalations Every 5 Years (Including Option Periods)
  • Absolute Triple Net (NNN)
  • No Landlord Obligations
  • Over $200,000 in Planned Interior & Exterior Improvements Over Next 6 -12 Months.
  • Directly Across the Street From New Murray City Center Development, and Near New 53rd Center Development
  • Located Directly on State Street, Near I-15
  • ADT of 32,045
  • Surrounded by Other Major National Retailers

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
RN
Rawley Nielsen
•••.•••.5885
••••lsen@•••••••••.com
Brokerage logo
Listing removed on
 BY:
DN
Darren Nielsen
•••.•••.5887
••••lsen@•••••••••.com
Brokerage logo

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