9426 S 700 E, Sandy, UT

Property Detail

Type Status Price $7,200,000.00 Area (sf)14,225Street Address9426 S 700 EStateUTZip code94070

Property Description

PRICE REDUCED

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Lot Size: ± 60,113 SF (1.38 Acres)
Price: $7,200,000.00
Lease Type: Absolute Net Lease (Zero Landlord Responsibilities)
Year Built: 2005

• Very strong location – located in Salt Lake City, near the Salt Lake Regional Medical Center and Intermountain Medical Center
• Limited competition in the trade area, and the only pharmacy with a drive-through in over a 1 mile radius
• Located on busy University Blvd with over 40,000 cars per day
• Located within 1 mile from the University of Utah campus, with over 32,000 students
• The University of Utah contains Utah’s only medical school
• Located across from a successful Smith’s grocery store, and within a block of Trolley Square, a 197,000 SF retail center anchored
by Whole Foods, American Apparel, Lululemon Athletica, Pottery Barn, WIlliams Sonoma, Tabula Rasa among others
• Attractive household incomes in excess of $60,000 per year in the 3-, and 5-mile radius
• Established national credit tenant on 25-year NNN lease (12 years remaining) plus Nine (9) Five (5) year renewal options
• Low management/low hassle long-term NNN lease

Agents

Property Features

Freestanding
Parking

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