For Sale
$2,800,000

80 BroadwayGreen River, UT 84525

Thriving Grocery, High ROI, Utah

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 10,418 sq ft grocery store in Green River, Utah, presents a rare investment opportunity. Boasting 100% occupancy and a strong NOI of $335,135, this single-tenant property offers an 11.97% cap rate at an asking price of $2,800,000 ($268.77/sq ft). Completely remodeled in 2011, the store features modern amenities including multiple checkout stations, self-checkouts, and a popular deli and bakery with seating. The property sits on a 0.5-acre lot with 32 parking spaces and additional street parking. Located within a 60-mile radius with no other full-service grocery stores, this value-add property offers significant potential for expansion, including adding a drive-thru window, extending operating hours, and potentially incorporating a pharmacy. Built in 1972, the single-story building is zoned commercial and benefits from a growing population base in a region popular with outdoor enthusiasts, situated conveniently near Moab, Utah. The property includes a fresh meat department, fresh produce, an ATM, and a coffee bar. All information is deemed reliable but should be verified by the buyer. Inventory cost will be calculated separately at the time of sale.

Highlights

  • Rare investment opportunity.
  • Strong population growth in the area.
  • Sole full-service grocery store within a 60-mile radius.
  • Recently expanded and remodeled.
  • 0.5-acre lot with ample parking.
  • Significant value-add potential, including building and service expansion.

Property Details for 80 Broadway

Property type
Lifestyle centers, Power centers
Square Feet
10,418 SF
Year Built/Renovated
1972/2011
Buildings
1
Stories
1
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Green River
County
Emery
State
Utah
Latitude
38.9945434
Longitude
-110.1655795
80 Broadway, Green River, Utah

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80 Broadway
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