University Avenue Shops

Size: px

Start display at page:

Download "University Avenue Shops"

May Curtis
5 years ago
Views:

1 NNN Multi-Tenant Retail Investment For ale Leasehold Interest Only For More Information, Please Contact: Hunter Todd

Executive ummary Property Address: 992 outh University Ave 8401 Total GLA: 8,400 F Current Occupancy: 71% Year Built: 200 Price Per quare Foot: $112.

8% Rental Income: $110,138 Ground Lease: ($93,170) NOI: $1,98 Ground Lease Information: Lease Year Annually Monthly Remaining Primary Term Years 1-20(Current) $93,170 $7,74.

2 Executive ummary Property Address: 992 outh University Ave 8401 Total GLA: 8,400 F Current Occupancy: 71% Year Built: 200 Price Per quare Foot: $ Tenants: ale Price: $941,000 Cap Rate: 1.8% Rental Income: $110,138 Ground Lease: ($93,170) NOI: $1,98 Ground Lease Information: Lease Year Annually Monthly Remaining Primary Term Years 1-20(Current) $93,170 $7,74.17 Five 5-Year Extension Periods Years $102,487 $8, Years 2-30 $112,735 $9, Years $124,009 $10, Years 3-40 $13,410 $11,37.50 Years $0,051 $12, Comments: Rare opportunity located in. This multi-tenant retail building is located on University Avenue near Provo Town Center. University Avenue has strong traffic counts and easy access to I-.

3 200 PR O VO O NY CA 2000 N 0 0 D VINE YA R GH HI R( N E L) U N AI TR D R ON PEE E FR N Major Tenant Map 800 N U 250 W Lindon GEN EVA 2000 W u percenter 9 18 Orem 40 0 N N CENTER CANYON Vineyard T TE A 25 E IV UN u percenter Y IT R N PK W Y G EN 900 E 5 00 W UNIVERITY AVE A EV CENTER Provo CENTER ITE PROVO MUNI AIRPORT ah Lake E AT N MAIN 75 pringville ATE CAN u percenter YON U u percenter MAPLE HW 400 N W CA Mapleton NY ON HI G HW AY 198 IN T 14 MA HWY 14 U U panish Fork 100 U W Y5 400 MAIN U HW Y 500 W 1100 N U

4 Aerial Photo ITE 2017 Average Daily Traffic provided by Utah Department of Transportation. Aerial Photography provided by Nearmap, DigitalGlobe, Google or FA.

5 ite Plan 1,400 F VACANT 1,000 F VACANT

6 800 E CANYON 100 W MAIN Draper Alpine IMPANOGO HWY 3200 N 1200 E Highland Cedar Demographics Hills 00 N 1200 E 900 N 00 N ite located at , E ALPINE HWY NORTH COUNTY BLVD ALPINE LOOP 92 HWY mi ring 3 mi ring 5 mi ring WA U 1 Population 1800 E MAIN 2018 Pleasant American 17, ,451 12,219 Grove 2023 Fork 19,957 11, , ,573 14,92 % 95,9 88,27 % 149, ,720 % Households Average household size 100 W Household income 000 W Total employees 500 E 500 E < $25,000 $25,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999 $100,000+ Median household income Average household income 400 N ATE 00 N ATE VINEYA 2000 W 2000 W N MAIN Vineyard N 00 Lindon 5,575 28, , , , , , , , , , , , , ,425. 9, $37,479 $45,300 $53,834 $51,021 $0,245 $71,87 13, N U 53,812 ALPINE LOOP 92 U 82,440 CENTER ATE 4800 N 5 Mile GENEVA Orem 25 UNIVERITY PKWY Mile 2230 N Provo 150 N CENTER CENTER 500 W UNIVERITY AVE 1 Mile E Utah Lake PROVO MUNI AIRPORT U N INCOLN BEACH 00 W W HWY Mapleton W pringville U HWY 51 ATE MAIN 400 N U MAPLE T CANYON HOBBLE CREEK

7 For More Information, Please Contact: Hunter Todd Retail pecialist

3105 Alderwood Mall Blvd, Lynnwood, WA FOR SALE PAUL SLEETH th Street SW. Alderwood Mall Parkway

3105 Alderwood Mall Blvd, Lynnwood, WA 98036 196th Street SW Alderwood Mall Alderwood Mall Parkway FOR SALE PAUL SLEETH 206.518.9547 paul.sleeth@ngkf.com BILLY SLEETH 206.518.9567 billy.sleeth@ngkf.com