Subway NNN
For Sale
Contact for pricing
Pending
282 W Parrish Ln, Centerville, UT 84014
Absolute net lease with two extension options and scheduled increases.
Property Size1,358 SF
Lot Size0.33 Acres
Days on Market142
Property Features for 282 W Parrish Ln
General Information
Standard status
Pending
Size
1,358 SF
Lot size
0.33 Acres
Property subtype
Retail
Site & Location
Traffic Count
18,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Marcus & Millichap - Salt Lake City
(801) 736-2648
Listed By:
Andrew Knudsen · License #UT 9115765-SA00
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:41AM
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 Marcus & Millichap - Salt Lake City
Investment Insights
Based on property information with market context.
The property is a 1,358-square-foot Subway restaurant on a 0.33-acre parcel along Parrish Lane. The investment is structured under an absolute net lease with approximately four years remaining on the initial term. The tenant also has two five-year renewal options, each providing for a 10% rent increase.
Parrish Lane serves as Centerville’s primary thoroughfare and connects with the city’s Interstate 15 freeway exit. The surrounding retail corridor records traffic of over 18,000 vehicles per day, and the property is less than 15 miles north of Downtown Salt Lake City. The address is 282 W Parrish Ln, Centerville, UT 84014.
Parrish Lane serves as Centerville’s primary thoroughfare and connects with the city’s Interstate 15 freeway exit. The surrounding retail corridor records traffic of over 18,000 vehicles per day, and the property is less than 15 miles north of Downtown Salt Lake City. The address is 282 W Parrish Ln, Centerville, UT 84014.
Key Highlights
- 1,358‑square‑foot Subway restaurant on 0.33 acres
- Absolute net lease with approximately four years remaining on the original term
- Two, five‑year tenant options
Property Analytics
Property Profile
Current Use
Lease Details
18,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
726k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Superstores 31%
Shops & Services 18%
Home Improvements & Furnishings 6%
Walmart
Superstores
129,128 visits/mo
0.2 miles
Target
Superstores
99,294 visits/mo
0.3 miles
In-N-Out Burger
Dining
61,518 visits/mo
0.3 miles
Chick-fil-A
Dining
52,647 visits/mo
0.3 miles
McDonald's
Dining
37,361 visits/mo
0.3 miles
Demographics for 84014, UT
16,870
Population
5,894
Households
2.9
Avg Household Size
36
Median Age
48%
College-Educated
98%
High-School Grad
12.9 sq mi
ZIP Area
1,308
Density / Sq Mi
$118,045
Median Household Income
$49,034
Median Earnings
$1,548
Median Rent
$491,600
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 - Absolute net lease with two extension options and scheduled increases.
Where is this nnn property located?
The property is located at 282 W Parrish Ln Centerville, UT.
What are key features of this property?
This property features: 1,358‑square‑foot Subway restaurant on 0.33 acres; Absolute net lease with approximately four years remaining on the original term; Two, five‑year tenant options
