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1453 W Highway 40
Vernal, UT 84078

Aaron's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,974 SF
Building Class
C
Year Built
2007
Tenancy
Single
Number of Floors
1
Building FAR
0.34
Lot Size
0.68 AC
Parking
16 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
174 ft on Highway 40

About 1453 W Highway 40 , Vernal, UT 84078

The offering provides an opportunity to acquire an absolute triple-net Aaron’s furniture store located in Vernal, Utah. The Vernal location is under a Master Lease with four other stores (also available for sale, see page 2 for links to OM’s), and has an initial term that runs through December 31, 2026, and features attractive rental escalations through the primary term and options. Aaron’s is a publicly-traded furniture, electronics, and appliances retailer specializing in the lease-to-own model, and is regarded as a top-performing brand in this space. Aaron’s recently underwent cost reduction initiatives, and is recognized as having strong momentum in growth moving forward.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-060-0101
Land Assessment
£162,075
Improvements Assessment
£595,152
Total Assessment
£757,227
  • Listing ID: 12999698

  • Date on Market: 26/06/2018

  • Last Updated:

  • Address: 1453 W Highway 40, Vernal, UT 84078

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