2324 S Redwood Rd - Restaurant FOR SALE


Salt Lake City, UT 84119
$1,000,000 USD
801-897-9264
2324 S Redwood Rd, Salt Lake City, UT for Sale
$1,000,000 USD
Restaurant - FOR SALE
1/12
null | 6.13% Cap Rate

2324 S Redwood Rd
Salt Lake City, UT 84119


HIGHLIGHTS

  • Prime West Valley Location Surrounded by Retailers and Industrial Users.
  • Excellent Exposure from Redwood Road & Easy Freeway Access.
  • 30+ Parking Stalls Available. Owners Have a Clean Phase I.

OVERVIEW

Property Information: 3,421 SF Retail With Drive-Thru 0.46 Acres Great Visibility On Redwood Road Zoned: C2 Ample Parking: 30+ Parking Stalls Clean Phase 1 Multi-Tenant Possibility Drive-Thru Capabilities 650 SF Lease Back Option Tenant Payment: $2,000.00 Per Month Potential SBA Financing Scenario: Down Payment: 10% Blended Rate: 6.13% Amortization: 25 Years Principal: $900,000.00 Tenant Payment: $2,000.00 * (650 SF) Effective Payment: $3,870.44 Effective Price Per Sq. Ft.: $13.58 PSF NNN

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

6.13%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-2

APN/PARCEL ID

15-22-177-007-0000

ASK ABOUT THIS PROPERTY

Derek KlopferCRE SpecialistsMore Info
801-897-9264

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Derek KlopferCRE SpecialistsMore Info
801-897-9264

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