8375 Arbor Park DrMagna, UT 84044

Property Details for 8375 Arbor Park Dr

Lot size

0.65 AC

Zone code

C-2

Property type

Land

Property subtype

Commercial land

APN

14-32-201-156

APU

1432201156

Description

This exceptional investment opportunity presents a vacant 28,408-square-foot retail building in Magna, Utah, ideally suited for a QSR/Fast Food establishment. Currently, the property is available for sale at $3,580,500, representing a compelling price per square foot of $126.04. The property boasts a strong 5.00% capitalization rate, generating a net operating income (NOI) of $179,025. The building is situated at 8375 Arbor Park Dr, Magna, UT 84044, within Salt Lake County. The property features a 15-year triple-net (NNN) lease with four 5-year options, providing long-term stability and predictable cash flow for the investor. This is a rare chance to acquire a high-performing asset in a desirable location with a nationally recognized brand tenant. The property's size and location make it an attractive investment for those seeking a secure and profitable addition to their portfolio. The vacant status allows for immediate lease negotiations and potential for increased rental income. This is a turnkey investment opportunity with significant upside potential. The property's strong financial performance and long-term lease structure make it an ideal investment for both experienced and new investors in the commercial real estate market.

Location Insight

City

Magna

County

Salt Lake

State

Utah

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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