Cold Spring Retail FOR SALE


Lehi, UT - Silicon Slopes | 
$4,821,000 USD
650-678-7200
, Lehi, UT for Sale
$4,821,000 USD
Retail - FOR SALE
1/3
null | 6% Cap Rate


HIGHLIGHTS

  • 100% occupied by four total tenants
  • 8+ years of WALT remaining providing investors long-term stability and a consistent income stream
  • All leases are backed by either personal (Bonchon, Children’s Art Classes, & Thirst) or corporate (Snelgrove) guaranties
  • Premier two-building retail development with drive-thrus completed in 2024
  • Dynamic mix of regional (Snelgrove & Thirst) and national (Bonchon & Children’s Art Classes) tenants driving traffic to the subject property
  • $153,000 average household incomes within a 5-mile radius of the subject property

OVERVIEW

Cold Spring is premier two-building retail development in Lehi, an affluent residential trade area boasting average household incomes of $153,000 within a 5-mile radius of the subject property. Both buildings feature drive-thrus and are fully occupied by a total of four tenants, all of which are on long-term leases with 8+ years of WALT remaining.

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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