Property Listing No Longer Available for Sale

5448-5496 South 4220 West, Kearns, UT

Retail for Sale - $1,380,000 - 17,111 Sq. Ft. on 1.14 acres


Property Info

CIMLS#1087236
Location
  5448-5496 South 4220 West
  Kearns UT 84118
UpdatedJanuary 15th, 2021
TypeRetail
Price$1,380,000
Building17,111 Sq. Ft.
Land1.14 acres

Property Description

- KEARNS SHOPPING AND BUSINESS CENTER

- BUILDING SIZE: 17,111 SF

- SITE SIZE: 1.14 ACRES

- NEWLY REMODELED EXTERIOR

- PYLON & BUILDING SIGNAGE AVAILABLE

- AMPLE PARKING: 4/1,000 SF

- BUSY LOCTATION WITH HIGH TRAFFIC COUNTS

- EASY ACCESS TO BANGERTER HWY & I-215

- MULTI TENANT STOREFRONT RETAIL/OFFICE

Financial Information

- OCCUPANCY: 100%

- BELOW MARKET RENTS

- PRICED UNDER REPLACMENT COST ($80/SF)

- ANNUAL RENTS: $105,532

- EXPENSES: $28,800

- NOI: $76,732

- CAP RATE: $5.5%

- PURCHASE PRICE: $1,380,000.00

5448-5496 South 4220 West, Kearns, Utah 84118

For more information on this property, please contact Crystal Johnson and West Haradin at 801.617.1700 or by email at crystal.johnson@crcnationwide.com and west.haradin@crcnationwide.com. Crystal and West are licensed real estate agents in the state of Utah and are affiliated with cRc Nationwide Real Estate Brokerage.


Financials

- OCCUPANCY: 100%

- BELOW MARKET RENTS

- PRICED UNDER REPLACMENT COST ($80/SF)

- ANNUAL RENTS: $105,532

- EXPENSES: $28,800

- NOI: $76,732

- CAP RATE: $5.5%

- PURCHASE PRICE: $1,380,000.00



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