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    OFF-MARKET
    Retail properties & Spaces

    1700 & Porter Rockwell Blvd, Bluffdale, UT 84065

    3,320 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 3,320 square foot Oil Changers located at 1700 W & Porter Rockwell Blvd, Bluffdale, UT 84065. The property sits on a 25,890 square foot lot and is part of a thriving three-tenant retail development, including 7-Eleven and Quick Quack Car Wash. This is a single-tenant, absolute NNN (triple net) lease with a highly reputable tenant, Oil Changers, boasting over 180 locations nationwide. The lease term spans 15 years, commencing February 5, 2025, and includes attractive 10% rent bumps every five years, ensuring consistent income growth. The property boasts a strong net operating income (NOI) of $179,360, resulting in a compelling 6.15% cap rate. The lease also features a corporate guaranty from Oil Changers Inc., mitigating risk and providing significant investor security. Built in 2024, this property offers a hands-off investment opportunity with substantial long-term potential. The lease includes three, five-year renewal options, further enhancing the investment's longevity and stability. This is a rare chance to acquire a high-performing, low-maintenance asset in a prime retail location. The building is one of one on the property.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 3,320 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
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