12283 S Herriman Main St - Storefront Retail/Office FOR SALE


Herriman, UT 84096- Outer Exoburbs West
$3,135,000 USD
801-616-6596
12283 S Herriman Main St, Herriman, UT for Sale
$3,135,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 6% Cap Rate

12283 S Herriman Main St
Herriman, UT 84096
Outer Exoburbs West


HIGHLIGHTS

  • The subject property consists of one retail building totaling approx. 4,950 SF of gross leasable area
  • The Station Bar has signed a 5-year lease with 3% annual increases. (March 2025 - March 2030)
  • Contact listing Agent to schedule tour of building - Do not disturb tenant

OVERVIEW

Long-Term Lease - The Station Bar has recently signed a 5-year lease with 3% annual increases The subject property is located in a rapid growth, high income area. Located 2.5 miles south of the new Salt Lake City Bee's Stadium and Redevelopment area. Herriman was the fastest-growing city over 10,000 residents in the US between 2010-2019

FOR SALE DETAILS

PRICE

$3,135,000 USD

PRICE/SF

$633 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Station Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

41.54 AC

LAND SF

1,809,482 SF

ZONING

AMSD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan StewartNewmark Mountain WestMore Info
801-616-6596

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Ryan StewartNewmark Mountain WestMore Info
801-616-6596

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.