Leased NNN Restaurant
For Sale
Contact for pricing
Pending
6930 S State St, Midvale, UT 84047
Remodeled restaurant occupied through 2028 with scheduled rent escalations.
Property SizeContact for details
Lot Size0.77 Acres
Days on Market143
Property Features for 6930 S State St
General Information
Standard status
Pending
Lot size
0.77 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$115,000
Additional Details
Cap Rate
4.2%
Highway Access
Yes
Building Details
Year Renovated
2018
Listing Agency:
Equity Real Estate
Listed By:
Pei Huang · License #UT 11087024
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 6:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate
Investment Insights
Based on property information with market context.
This NNN property consists of a restaurant building that was fully remodeled in 2018 and is currently leased. Ombu Grill operates the premises, with the lease scheduled to remain in place through the end of 2028. The agreement carries a 10-year term and provides for a 1.5% rent increase every two years.
The property occupies 0.77 acres at 6930 S State St in Midvale, Utah. Access is provided near the I-15 and I-215 exits, and Fashion Place Mall is approximately a five-minute drive away. Local business and retail plazas are also located nearby. On-site parking is described as abundant, supporting the existing restaurant use.
The property occupies 0.77 acres at 6930 S State St in Midvale, Utah. Access is provided near the I-15 and I-215 exits, and Fashion Place Mall is approximately a five-minute drive away. Local business and retail plazas are also located nearby. On-site parking is described as abundant, supporting the existing restaurant use.
Key Highlights
- NNN restaurant property leased through the end of 2028
- Fully remodeled in 2018
- 10‑year lease term with 1.5% increases every two years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,432
Businesses Nearby
162k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Superstores 45%
Electronics 5%
Dining 1%
Sam's Club
Superstores
73,009 visits/mo
0.4 miles
Sam's Club Gas Station
Shops & Services
37,992 visits/mo
0.3 miles
7-Eleven
Shops & Services
13,030 visits/mo
0.5 miles
Zips Car Wash
Shops & Services
7,072 visits/mo
0.4 miles
T-Mobile
Electronics
6,990 visits/mo
0.3 miles
Demographics for 84047, UT
37,146
Population
17,221
Households
2.2
Avg Household Size
33
Median Age
34%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
5,804
Density / Sq Mi
$73,120
Median Household Income
$43,845
Median Earnings
$1,482
Median Rent
$404,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Remodeled restaurant occupied through 2028 with scheduled rent escalations.
Where is this nnn property located?
The property is located at 6930 S State St Midvale, UT.
What are key features of this property?
This property features: NNN restaurant property leased through the end of 2028; Fully remodeled in 2018; 10‑year lease term with 1.5% increases every two years
