80 Broadway Green River, UT 84525

Property Details for 80 Broadway

Year built

1972

Lot size

0.50 lot acres

Property size

10,418 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 10,418 sq ft grocery store in Green River, Utah, presents a rare investment opportunity. Boasting 100% occupancy and a strong NOI of $335,135, this single-tenant property offers an 11.97% cap rate at an asking price of $2,800,000 ($268.77/sq ft). Completely remodeled in 2011, the store features modern amenities including multiple checkout stations, self-checkouts, and a popular deli and bakery with seating. The property sits on a 0.5-acre lot with 32 parking spaces and additional street parking. Located within a 60-mile radius with no other full-service grocery stores, this value-add property offers significant potential for expansion, including adding a drive-thru window, extending operating hours, and potentially incorporating a pharmacy. Built in 1972, the single-story building is zoned commercial and benefits from a growing population base in a region popular with outdoor enthusiasts, situated conveniently near Moab, Utah. The property includes a fresh meat department, fresh produce, an ATM, and a coffee bar. All information is deemed reliable but should be verified by the buyer. Inventory cost will be calculated separately at the time of sale.

Location Insight

City

Green River

County

Emery

State

Utah

Longitude

-110.166

Latitude

38.9945