740 W Price River Dr | Price, UT 84501
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740 W Price River Dr
Price, UT 84501
Dollar Tree STNL Investment | Creekview Plaza · Retail Property For Sale
Investment Highlights
- Dollar Tree STNL Investment Opportunity
- PROXIMITY TO MULTIPLE DESTINATIONS
- STRONG CORPORATE GUARANTEED LEASE
- Call for more details!
Executive Summary
Mountain West is proud to present the opportunity to acquire a Single-Tenant within Creekview Plaza in Price Utah. Creekview Plaza is located directly off the main freeway exit, and 100 North; making it one of the most trafficked areas within the trade area. The offering is for Dollar Tree where this site is home to multiple strong national and local Tenant’s which is anchored by Lin’s Supermarket, a subsidiary of Associated Food Inc. Dollar Tree has been established at this location since 2008 with a corporate guaranteed lease with two (2) five (5) year options. Dollar Tree just signed their 3rd renewal in 2023 where Tenant is set to expire July 2033. With a strong guarantee, this asset provides an investor the opportunity to enter the Utah market with a solid tenant and the ability to grow.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,770 SF
Building Class
B
Year Built/Renovated
1981/2016
Price
£930,988
Price Per SF
£79
Net Initial Yield
7.26%
NOI
£67,611
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.30 AC
Zoning
C-1 - Commercial
Parking
50 Spaces (4.25 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 01-2042-0075 | Improvements Assessment | £5,622,841 |
Land Assessment | £300,108 | Total Assessment | £5,922,948 |
PROPERTY TAXES
Parcel Number
01-2042-0075
Land Assessment
£300,108
Improvements Assessment
£5,622,841
Total Assessment
£5,922,948
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