2435 8000Magna, UT 84044
High-growth Utah location, strong NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- 6,132 SF Maverik convenience store and 24-pump gas station on a 3.75-acre lot in Magna, UT. Built in 2020.
- Absolute NNN ground lease with 11+ years remaining (15-year term), offering passive income and zero landlord responsibilities; corporate guarantee from Maverik, Inc.
- 4.75% cap rate and $195,000 NOI; 10% rent increases every five years, next increase January 2026.
- 24 pumps (14 auto, 10 truck/RV), plus truck scales; 41 parking spaces.
- High-traffic corner location (27,062 VPD on 2400 South/Hwy 201 and 12,847 VPD on South 8000 West); affluent demographics ($100,000+ average household income within 5 miles).
- Three, five-year lease renewal options; APN: 14-21-301-001-0000; Asking price: $4,106,000.
Property Details for 2435 8000
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 6,132 SF
- Year Built
- 2020
- Lot Size (sq. ft)
- 163,306 SF
- Units
- 1
Location Insight
- City
- Magna
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.71738200062
- Longitude
- -112.08224595214
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].