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Panda Express, Jersey Mike's & First Watch - The Crossroads at Taylorsville

5594 S Redwood Rd, Taylorsville, UT 84123

Listing Price: $4,800,000

Cap Rate
6.01%
Gross SF
7,324
Rentable SF
7,324
Price/Gross SF
$655.38
Lot Size
2.17 acres
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Panda Express, Jersey Mike's, & First Watch at the Crossroads of Taylorsville in Taylorsville, UT.

Investment Highlights

  • SHADOW ANCHORED BY TARGET (WITH GROCERY)
  • 3-TENANT BUILDING, ALL TENANTS ARE QSR
  • NEW 13-YEAR LEASE WITH FIRST WATCH: 8.76 WALT
  • END CAP DRIVE-THRU SPACE
  • EXTREMELY LOW VACANCY, LANDLORD FRIENDLY MARKET
  • STRUCTURAL UNDERSUPPLY IN SLC SUPPORTS SUSTAINED RENT GROWTH

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Shopping Community

Panda Express, Jersey Mike's & First Watch - The Crossroads at Taylorsville

Listing Price: $4,800,000

Cap Rate
6.01%
Gross SF
7,324
Rentable SF
7,324
Price/Gross SF
$655.38
Lot Size
2.17 acres
Year Built
1998

Investment Highlights

  • SHADOW ANCHORED BY TARGET (WITH GROCERY)
  • 3-TENANT BUILDING, ALL TENANTS ARE QSR
  • NEW 13-YEAR LEASE WITH FIRST WATCH: 8.76 WALT
  • END CAP DRIVE-THRU SPACE
  • EXTREMELY LOW VACANCY, LANDLORD FRIENDLY MARKET
  • STRUCTURAL UNDERSUPPLY IN SLC SUPPORTS SUSTAINED RENT GROWTH

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Panda Express, Jersey Mike's, & First Watch at the Crossroads of Taylorsville in Taylorsville, UT.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

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