8382 Arbor Park DrMagna, UT 84044

  • Land
  • 0.37 AC
For Sale
$1,619,047 View listing

Property Details for 8382 Arbor Park Dr

Lot size
0.37 AC
Zone code
C-2
Property type
Land
Property subtype
Commercial land
APN
14-32-201-153
APU
1432201153

Description

This exceptional investment opportunity presents a brand-new Swig quick-service restaurant (QSR) located at 8382 Arbor Park Dr, Magna, Utah 84044. The property boasts a prime location in Salt Lake County, within a 0.26-acre lot. Built in 2024, this single-story, 1,200 square foot building features a drive-thru and is currently operating at 100% occupancy under a 10-year NNN lease with Swig. The asking price is $1,619,047, offering a compelling 5.25% cap rate. The property generates a strong net operating income (NOI) of $85,000 annually, providing a stable and attractive return on investment. This is a turnkey opportunity for investors seeking a high-performing, low-maintenance asset in a thriving market. The long-term lease provides security and predictable cash flow, making this an ideal addition to any portfolio. The property's modern design and convenient location ensure continued success for the tenant and strong returns for the investor. This is a rare chance to acquire a newly constructed, high-performing QSR investment in a desirable Utah location.

Location Insight

City
Magna
County
Salt Lake
State
Utah
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$295,500
-
$295,500
-
$295,500
-
$295,500

FAQs

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