7-Eleven

5696 W 3500 S, West Valley, UT
Deal Type:
Net Lease
Price:
$4,303,797
Current Rent:
$170,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 14 years
Renewal Options:
4, 5-Year Options
Building Sq. Ft.:
3,010 SF
Rent Increases:
10% Every 5 Years
Site Size:
.69 Acres

Investment Highlights

  • Long term, absolute NNN lease with 14 years remaining and 4, 5-yr options with 10% rent increases every 5 years in the primary term and options
  • Situated at the entrance to the Hwy-85 extension, a north/south thoroughfare that runs parallel to I-15 in the western portion of the valley
  • Retailers in the immediate area include VASA Fitness, McDonald’s, O’Reilly Auto Parts, Culver’s, Raising Cane’s, Krispy Kreme, and others
  • Investment grade credit tenant (S&P: A)
  • Recent 2021 construction
  • Salt Lake City MSA location with excellent population growth and average household incomes of $95,000 within 1 mile

Listing Agents

Graham Gold

Vice President
314 324 8792
Graham@stream-cp.com

Philip DiGennaro

Managing Director
203 610 1541
Phil@stream-cp.com

Connor Shell

Managing Director
407 913 9009
Connor@stream-cp.com

Broker of Record: Joseph Cooley, Lic. #5493616-AB00

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