3486 S 8400 W, Magna, UT
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Landlord Responsibilities:
Lease Expiration Date:
Approx. 13 years
Renewal Options:
4, 5-year options
Building Sq. Ft.:
3,000 SF
Rent Increases:
10% every 5 years
Site Size:
.93 Acres

Investment Highlights

  • Long term, absolute NNN lease with 13 years remaining and 4, 5-yr options with 10% rent increases every 5 years in the primary term and options.
  • Retailers in the immediate area include Walmart Neighborhood Market, McDonald’s, Taco Bell, Wells Fargo, and Mountain America Credit Union, among others.
  • Investment grade credit tenant (S&P: A).
  • Signalized hard corner with exposure to 29,300 VPD.
  • Recent 2021 construction.
  • Salt Lake City MSA location with excellent population growth and average household incomes of $80,000 within 1 mile.

Listing Agents

Dean Copans

Managing Director
650 465 3993
[email protected]

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