4189-4297 Riverdale Road - Storefront FOR SALE


Riverdale, UT 84405
$23,844,440 USD
801-303-5555
4189-4297 Riverdale Road, Riverdale, UT for Sale
$23,844,440 USD
Storefront - FOR SALE
1/6
null | 6.8% Cap Rate

4189-4297 Riverdale Road
Riverdale, UT 84405


HIGHLIGHTS

  • Stable, E-Commerce-Resistant Tenant Mix
  • Prime Location with Strong Demographics
  • High-Growth, Supply-Constrained Market

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Riverdale Shopping Center (“Riverdale” or the “Property”) – a 93,592-sf community shopping center located in Riverdale, Utah. The Property is shadow-anchored by JCPenney, drawing significant foot-traffic. Built in 2007, The Property is fully occupied to a mix of global, national, and regional tenants and features 3.65 years of Weighted Average Lease Term (WALT), ensuring steady cash flow for years to come. This is the premier retail investment opportunity for investors with a long-term investment horizon and conviction in the Utah retail market.

FOR SALE DETAILS

PRICE

$23,844,440 USD

PRICE/SF

$255 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverdale Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

509

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

Retail/Commercial Park

APN/PARCEL ID

06-305-0006

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

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