1331 State St Orem, UT 84057
High-yield Carl's Jr. storefront, Utah.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- 1331 N State St, Orem, UT 84057, a 5,416 SF Carl's Jr. building on a 1.18-acre lot.
- Located on State Street with 46,068 AADT.
- Built in 1998.
- Single-tenant, 20-year absolute NNN lease with four, five-year renewal options; 8% rent increases every five years.
- Strong 5.00% cap rate, $116,532 NOI; Asking price: $2,330,640.
Property Details for 1331 State St
- Property type
- Retail properties, Retail space
- Square Feet
- 5,416 SF
- Year Built
- 1998
- Lot Size (sq. ft)
- 51,401 SF
Location Insight
- City
- Orem
- County
- Utah
- State
- Utah
- Latitude
- 40.3215496
- Longitude
- -111.7064696
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Carl's Jr. storefront, Utah.
- Where is the retail property located?
- The property is located at 1331 State St Orem, UT.
- What is the asking price?
- The asking price for this property is $2,330,640.
- What are key features of this property?
- This property features: 1331 N State St, Orem, UT 84057, a 5,416 SF Carl's Jr. building on a 1.18-acre lot.; Located on State Street with 46,068 AADT.; Built in 1998.
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