4043 Riverdale Rd - Retail FOR SALE


Riverdale, UT 84405
$9,510,000 USD
801-578-5534
4043 Riverdale Rd, Riverdale, UT for Sale
$9,510,000 USD
Retail - FOR SALE
1/4
null | 7% Cap Rate

4043 Riverdale Rd
Riverdale, UT 84405


HIGHLIGHTS

  • TWO-TENANT RETAIL INVESTMENT ON NORTHERN UTAH’S DOMINANT RETAIL CORRIDOR
  • ROSS — S&P 500 CREDIT WITH CONTRACTUAL GROWTH AND EXCEPTIONAL STORE ECONOMICS
  • STAPLES — THE STRONGEST STORE IN THE STATE, AND GROWING
  • BELOW-MARKET IN-PLACE RENTS IN A TIGHT SUBMARKET
  • LOW-COVERAGE LAND BASIS ON A CONSTRAINED CORRIDOR
  • LONG-TERM TENANCY | STAPLES 29 YEARS | ROSS 26 YEARS

OVERVIEW

4043 Riverdale Road offers investors a 61,515 SF two-tenant retail investment on 6.94 acres fronting Riverdale Road, the primary retail corridor serving Weber County and the Ogden metropolitan area. The corridor’s tenancy includes Costco, Target, Walmart, Sam’s Club, Lowe’s, JCPenney, TJ Maxx, Best Buy, Old Navy, Michaels, Ulta, Trader Joe’s, Sierra and HomeGoods.

FOR SALE DETAILS

PRICE

$9,510,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ross & Staples | High-Performing Retail

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

345

LAND DETAILS

LAND ACRES

6.94 AC

LAND SF

302,306 SF

ZONING

CP-3

APN/PARCEL ID

05-139-0118

ASK ABOUT THIS PROPERTY

Bryce BlanchardNewmarkMore Info
801-578-5534

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Bryce BlanchardNewmarkMore Info
801-578-5534

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