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Pleasant View Burt Brothers 2615 N 400 W

9,473 SF Retail Building Pleasant View, UT 84414 £4,388,479 (£463/SF) 5% Net Initial Yield

Executive Summary

Introducing an exciting investment opportunity in Pleasant View, Utah - the **Burt Brothers at 448 S 2360 W, Pleasant View, UT 84414**. This premier property is leased by Burt Brothers, LLC, ensuring a stable income with a 5% CAP rate and an annual NOI of $277,748. The NNN lease features a tenant with a strong guarantee and rental increases of 2% annually. This is a lucrative long-term investment with a lease term of 20 years and 3 months remaining, plus two 5-year renewal options. The tenant has a first right of refusal and a potential building purchase option, adding flexibility and security to the deal. Located in a thriving commercial district, surrounded by various retail establishments, this property offers a secure income stream and promising future growth potential. Don't miss out on this fantastic opportunity to add a solid and reliable asset like the Burt Brothers property to your investment portfolio.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,473 SF
Building Class
B
Year Built
2025
Construction Status
Proposed
Price
£4,388,479
Price Per SF
£463
Net Initial Yield
5%
NOI
£219,424
Tenancy
Single
Number of Floors
1
Building FAR
0.30
Land Acres
0.72 AC
Zoning
C - Commercial
Frontage
166 ft on North 400 West

Amenities

  • Signage
  • Listing ID: 33712927

  • Date on Market: 01/11/2024

  • Last Updated:

  • Address: 2615 N 400 W, Pleasant View, UT 84414

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