NNN Multi-Tenant Retail Investment For ale Leasehold Interest Only For More Information, Please Contact: Hunter Todd hunter@situsretail.com 801.838.930
Executive ummary Property Address: 992 outh University Ave 8401 Total GLA: 8,400 F Current Occupancy: 71% Year Built: 200 Price Per quare Foot: $112.02 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 21-25 $102,487 $8,540.58 Years 2-30 $112,735 $9,394.58 Years 31-35 $124,009 $10,334.08 Years 3-40 $13,410 $11,37.50 Years 41-45 $0,051 $12,504.25 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-.
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 114 800 E FR 241 800 N Major Tenant Map 800 N 52 17 U 250 W Lindon GEN EVA 2000 W u percenter 9 18 Orem 40 0 N 4 800 N CENTER CANYON Vineyard T TE A 25 E IV UN u percenter Y IT R 2 200 N PK W Y G EN 900 E 5 00 W UNIVERITY AVE A EV CENTER Provo CENTER 114 300 ITE PROVO MUNI AIRPORT ah Lake E AT 140 0 N MAIN 75 pringville 400 77 00 40 ATE CAN u percenter YON U 4 4 00 51 u percenter MAPLE 147 1 HW 400 N 400 100 300 50 W 147 900 7300 CA Mapleton NY ON HI G HW AY 198 IN T 14 MA HWY 14 U U panish Fork 100 U 300 100 W Y5 400 MAIN U 1 198 HW Y 500 W 1100 N U
Aerial Photo ITE 2017 Average Daily Traffic provided by Utah Department of Transportation. Aerial Photography provided by Nearmap, DigitalGlobe, Google or FA.
ite Plan 1,400 F VACANT 1,000 F VACANT
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 40.2218, 111.5879 100 E ALPINE HWY NORTH COUNTY BLVD ALPINE LOOP 92 HWY 144 92 1 mi ring 3 mi ring 5 mi ring WA U 1 Population 1800 E MAIN 2018 Pleasant American 17,029 101,451 12,219 Grove 2023 Fork 19,957 11,518 187,191 2010 2000,573 14,92 % 95,9 88,27 % 149,830 134,720 % 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 00 700 N MAIN Vineyard 200 2000 N 00 Lindon 5,575 28,35 3.02 3.22 4,800 3.24 1,748 31.4 7,878 27.8 10,477 22.4 1,741 31.2 7,950 28.0 12,490 2.7 1,0 19.5 5,405 19.1 9,05 19.4 451 8.1 2,99 9.5 5,31 11.5 544 9.8 4,425. 9,404 20.1 $37,479 $45,300 $53,834 $51,021 $0,245 $71,87 13,795 800 N U 53,812 ALPINE LOOP 92 U 82,440 CENTER ATE 4800 N 5 Mile GENEVA Orem 25 UNIVERITY PKWY 114 25 3 Mile 2230 N Provo 150 N CENTER CENTER 500 W UNIVERITY AVE 1 Mile 300 900 E Utah Lake PROVO MUNI AIRPORT U 75 1400 N INCOLN BEACH 00 W 400 4800 W 77 400 HWY 77 4400 4000 Mapleton W 100 100 300 pringville U HWY 51 ATE MAIN 400 N U 400 100 MAPLE T CANYON HOBBLE CREEK
For More Information, Please Contact: Hunter Todd Retail pecialist hunter@situsretail.com 801.838.930