FOR MORE INFORMATION 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. 376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com LEGACY PLAZA AT 54 TH 1758 West 5400 South, Taylorsville, Utah 84118 13,329 SF 5.426 TOTAL ACRES FOR sale • Built in 2017 • 13,329 SF • 5.426 Total Acres - 4 Acres of which is Developable Land • Highest Traffic Count in Salt Lake County PROPERTY FEATURES PROFORMA Rent Income $372,712 Vacancy and Reserves (3%) $(11,181) Net Operating Income $361,531 Cap Rate 6.50% Net Purchase Price $5,562,010 Vacant Land (Approx 4 Acres - $400k/Acre) $1,600,000 Gross Purchase Price $7,162,010 BRYCE BLANCHARD 801.578.5534 [email protected]VACANT LAND
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PROPERTY FEATURES FOR sale · 376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l LEGACY PLAZA AT 54TH 1758 West 5400 South, Taylorsville, Utah 84118 13,329
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FOR MOREINFORMATION
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 offi ce. The above information while not guaranteed has been secured from sources we believe to be reliable.
376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com
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 offi ce. The above information while not guaranteed has been secured from sources we believe to be reliable.
376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com
LEGACY PLAZA AT 54TH
1758 West 5400 South, Taylorsville, Utah 84118
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5400 South5400 South
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Red
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oad
35,7
50 c
ars/
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35,7
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ars/
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41,260 cars/day41,260 cars/day
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afe
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13,329 SFNew Building
TENANT SF $ PSF MONTHLY ANNUAL LEASESTART DATE LED ESCALATIONS COMMENTS
LOT 6
Vacant Land (approx 4 Acres) - See valuation/pricing $- $-
Sports Clips 1,500 $32.50 $4,063 $48,750 12/1/2016 11/30/2021 10% increase Year 5 Two (5) year options to renew at 10% increases every 5 years
Vacancy 8,929 $28.00 $20,834 $250,012 Multiple Pending Deals on this space
LOT 6 TOTAL 13,329 $31,059 $372,712
Sport Clips, Inc. off ers haircut services for men and boys. It off ers hot steamed towel treatment, relaxing neck and shoulder massage, scalp massage, and massaging shampoo services. The company also off ers hair care and styling products. In addition, it off ers franchising services. Sport Clips, Inc. was founded in 1993 and is headquartered in Georgetown, Texas with locations in the United States.
www.sportclips.com1,000+ LocationsFranchisee
Vietnamese Cuisine
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 offi ce. The above information while not guaranteed has been secured from sources we believe to be reliable.
376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com
LOCATIONThe dynamic intersection of 54th and Redwood features some of the best co-tenants in the state on 3 corners, in addition to Taylorsville HS on the NE corner. The list includes Starbucks, McDonald’s, Guitar Center, Regal Cinema’s, Petsmart, Chick-fi l-a, Cafe Rio, Harmons Grocery, f.y.e., Ross Dress for Less, Texas Roadhouse, Game Stop, Chase Bank, Applebee’s, The Old Spaghetti Factory, and a myriad of others. Walmart Supercenter is adjacent to the property with numerous large multi-family complexes, residential developments, and Salt Lake Community College within close proximity.