THREE STRONG CORPORATELY GUARANTEED LEASE:
VASA Fitness (not a publicly traded company) guaranteed by VASA Fitness, LLC with an initial lease term through January 2032. VASA Fitness is North Americas Largest affordable fitness centers with over 60 locations around the nation. United Healthcare’s (NASDAQ: (DE)(UNH)) lease term runs through 2027 with an option to extend an additional five years setting the expiration date of July 2032. Dollar Tree (NASDAQ:DLTR) guaranteed by Dollar Tree Inc, recently executed 10-year lease set to expire
October 2034. Dollar Tree was founded in 1953 and las over 15,288 locations in 48 contiguous states and Canada with a market cap of $25.5 Billion.
TRAFFIC COUNTS:
Located directly off of Antelope Drive, which has over 59,000 VPD, and has strong traffic counts from Main Street equaling over 17,000 VPD.
LOCATION:
Located in the heart of Layton, which has recently been rated one of the fasted growing metro areas and one of the top job markets in the state. The site is only 35 minutes out of Salt Lake and the newly remodeled Salt Lake International Airport.
SURROUNDING RETAILERS:
Located within the Antelope Square shopping center and in the heavily populated retail corridor of Layton. Surrounding Tenants including: Public Storage, Jack in the Box, Take 5 Oil Changers, Ford, O’Reilly Auto, RC Willey, McDonalds, Sherwin Williams and many more.