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
$1,672,612 CAD
Price Per SF
$142 CAD
Cap Rate
7.26%
NOI
$121,470 CAD
Tenancy
Single
Building Height
1 Story
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 | $10,041,741 CAD |
| Land Assessment | $535,958 CAD | Total Assessment | $10,577,699 CAD |
PROPERTY TAXES
Parcel Number
01-2042-0075
Land Assessment
$535,958 CAD
Improvements Assessment
$10,041,741 CAD
Total Assessment
$10,577,699 CAD
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