905 EAST 900 SOUTH - LoopNet · 2020-04-18 · RETAIL - INVESTMENT - INDUSTRIAL - LAND - OFFICE - URBAN LANCE PENDLETON [email protected] direct 801.885.4304 View Profile JEFF

CONTACT:

This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable.

312 East South Temple | Salt Lake City, Utah 84111 | Office 801.456.8800 | www.mtnwest.com

RETAIL - INVESTMENT - INDUSTRIAL - LAND - OFFICE - URBAN

LANCE [email protected] 801.885.4304View Profile

JEFF [email protected] 801.456.8807View Profile

905 EAST 900 SOUTH905 EAST 900 SOUTH • SALT LAKE CITY • UTAH • 84105

INVESTMENT OPPORTUNITYPROPERTY SPECS• For sale two-tenant neighborhood investment property

• Tenants include Vessel Kitchen and Spilled Milk Ice Cream

• New construction building completed in 2020

• On-site parking and take out dedicated stalls

• Parcel size: .21 Acres Building Size: 4,950 Sf

• July 2020 NOI = $182,849

• Call for pricing

27,0902019 EST.

POPULATION

145,4442019 EST.

POPULATION

267,7132019 EST.

POPULATION

13,2002019 EST.

HOUSEHOLDS

67,2992019 EST.

HOUSEHOLDS

111,8872019 EST.

HOUSEHOLDS

$66,1802019 EST.

MEDIAN HH INCOME

$71,4762019 EST.

MEDIAN HH INCOME

$68,9322019 EST.

MEDIAN HH INCOME

1 M

ILE

3 M

ILE

5 M

ILE

CALL FOR PRICING

900 S

800

E

NOBLE PL

800

E

WIN

DSO

R S

T

900

E

1000

E

CHASE AVE

MC

CLE

LLA

ND

ST

1000

E

LIN

CO

LN S

T

900

E

WIN

DSO

R S

T

1000

E

800 S

ROWLANDHALL-ST

MARK'S (SEC)

11,0

00 A

DT

16,000 ADT

14,0

00 A

DT

17,000 ADT

9,600 ADT

SALT LAKE CITY, UTAH905 E 900 S

F:\PROJECTS\SL\HARRISON\905E900S\TENANTS.MXD - 3/1/2019 LPLANT

SITE

FREMONT HEIGHTS

WM

S 89°56'32" W 140.03'

N 0

0°01

'10"

W

95.0

0'

N 89°56'32" E 140.03'

S

OHP

OHP

S 00

°03'

28" E

9

5.00

'

(20.7 FL.)

SUBDIVISION

4316

4319

4316

4317

4318 4

319

43204321

4322

4322

4323

4323

4322

4320

EXISTING BUILDING TO RECEIVEINTERIOR REMODEL AND ADDITION

FINISH FLOOR 4320.7

RELOCATED FIREHYDRANT & LIGHT POLE

NEW XERISCAPE LANDSCAPE AREA

EXISTING PARKING LOT, ADJUSTCURB LOCATIONS

NEW CONCRETERETAINING WALL

EXISTING ANGLED PARKING EXTEND ANGLED PARKING

EXISTING GRASS AREA& TREES TO REMAIN

NEW CONCRETEPAVER PLAZA

EXISTING GRASS AREA& TREES TO REMAIN

EXISTING GRASS AREA& TREES TO REMAIN

EXISTING GRASS AREA& TREES TO REMAIN

EXISTING DRIVEAPPROACH TO REMAIN

EXISTING CONCRETESIDEWALK TO REMAIN

LINE OF EXISTING BUILDING

LINE OF OVERHANG OFEXISTING BUILDING

NEW XERISCAPE LANDSCAPE AREA

NEW XERISCAPELANDSCAPE AREA

EXISTING BRICKRETAINING WALL

RAMP 1:12MAX

18'-0" 7'-0"24'-0"

5'-0

1 2"8'

-6"

8'-6

"8'

-6"

8'-6

"8'

-6"

8'-6

"8'

-0" 10'-7

"

Design Development

Project NoDate: August 15, 2018Sheet

Revision Date

Retail Remodel &Addition Project

905 East 900 SouthSalt Lake City, UT

SugarHouse Architects, LLC9087 Jeremy RdPark City, UT 84098

p 801.808.6131www.sugarhousearchitects.comrob.white@sugarhousearchitects.com

1/8"=1'-0"

Site PlanA5

AS101

312 East South Temple | Salt Lake City, Utah 84111 | Office 801.456.8800 | www.mtnwest.com

CONTACT:

This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable.

905 EAST 900 SOUTH

RETAIL - INVESTMENT - INDUSTRIAL - LAND - OFFICE - URBAN

LANCE [email protected] 801.885.4304View Profile

JEFF [email protected] 801.456.8807View Profile

312 East South Temple | Salt Lake City, Utah 84111 | Office 801.456.8800 | www.mtnwest.com

CONTACT:

This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable.

905 EAST 900 SOUTH

RETAIL - INVESTMENT - INDUSTRIAL - LAND - OFFICE - URBAN

LANCE [email protected] 801.885.4304View Profile

JEFF [email protected] 801.456.8807View Profile

VESSEL KITCHEN - SUMMARY OF BASE RENT DURING THE TERM

RENT COMMENCEMENT 8.1.2019MONTHS BASE RENT TOTAL EQUAL MONTHLY INSTALLMENT

1-4 $0 $0

5-12 $81,066.67 $10,133.33

13-24 $125,248.00 $10,437.33

25-36 $129,005.44 $10,750.45

37-48 $132,875.60 $11,072.97

49-60 $136,861.87 $11,405.16

61-72 $140,967.73 $11,747.31

73-84 $145,196.76 $12,099.73

85-96 $149,552.66 $12,462.72

97-108 $154,039.24 $12,836.60

109-120 $158,660.42 8/30/2046

SPILLED MILK - SUMMARY OF BASE RENT DURING THE TERM

RENT COMMENCEMENT 7.1.2020MONTHS BASE RENT TOTAL EQUAL MONTHLY INSTALLMENT

1 – 12 $61,250.00 $5,104.17

13 – 24 $63,000.00 $5,250.00

25 – 36 $64,750.00 $5,395.83

37 – 48 $66,692.52 $5,557.71

49 – 60 $68,693.28 $5,724.44

Two (2) five (5) year options to renew

One (1) five (5) year option to renew

Buyer to verify all information provided in marketing materials.