8375 Arbor Park Dr Magna, UT 84044-3405

Property Details for 8375 Arbor Park Dr

Lot size

0.65 lot acres

Zone code

C-2

Property type

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

Longitude

-112.087

Latitude

40.6932

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments