10620 S 700 E - Jiffy Lube Investment Sale
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10620 S 700 E - Jiffy Lube Investment Sale
0.28 Acres of Commercial Land Offered at £1,007,572 in Sandy, UT 84070
Executive Summary
Purchase Price: $1,266,717.00 5.5% Cap Rate.
Just under 9 years remaining on lease (Oct 31,2033)
Lease increases by the greater of 2% or CPI index every year
New Quick Quack going adjacent to this location
Average 1.5K visitors monthly (placer.ai data)
Over 20k daily traffic on 10620 S & 700 E
Just under 9 years remaining on lease (Oct 31,2033)
Lease increases by the greater of 2% or CPI index every year
New Quick Quack going adjacent to this location
Average 1.5K visitors monthly (placer.ai data)
Over 20k daily traffic on 10620 S & 700 E
Property Facts
Price | £1,007,572 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 0.28 AC |
Price | £1,007,572 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.28 AC |
1 Lot Available
Lot
Price | £1,007,572 | Lot Size | 0.28 AC |
Price Per AC | £3,598,472 |
Price | £1,007,572 |
Price Per AC | £3,598,472 |
Lot Size | 0.28 AC |
Prime investment opportunity! Own land at 10620 S and 700 E, with over 20,000 cars passing daily. A Jiffy Lube occupies the site with 9 years left on the lease, offering stable, passive income in a high-visibility, high-traffic location.
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PROPERTY TAXES
Parcel Number | 28-18-426-031-0000 | Improvements Assessment | £120,586 |
Land Assessment | £686,607 | Total Assessment | £807,192 |
PROPERTY TAXES
Parcel Number
28-18-426-031-0000
Land Assessment
£686,607
Improvements Assessment
£120,586
Total Assessment
£807,192
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10620 S 700 E - Jiffy Lube Investment Sale
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