Auto Dealership
Truck Ranch
525 E Auto Mall Dr, American Fork, UT 84003
Listing Price: $5,143,000
Cap Rate
7.00%
Tenant Name
Truck Ranch
Years Remaining On Lease
1,020.6
Gross SF
4,100
Guarantor
Corporate Guarantee
Rentable SF
4,100
Price/Gross SF
$1,254.39
Lease Type
Absolute Net
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Truck Ranch in American Fork UT.
Truck Ranch
Investment Highlights
- 20-YEAR CORPORATE-GUARANTEED ABSOLUTE NNN SALE-LEASEBACK WITH 2% ANNUAL INCREASES
- DIRECT EXPOSURE TO I-15 WITH 205,000 VEHICLES PER DAY
- $132,082 AVERAGE HOUSEHOLD INCOME (3 MILE) WITHIN A FAST-GROWING TRADE AREA
- LOCATED IN AMERICAN FORK'S AUTOMALL DISTRICT WITH CONSISTENT RETAIL TRAFFIC
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Listing Price: $5,143,000
Cap Rate
7.00%
Tenant Name
Truck Ranch
Years Remaining On Lease
1,020.6
Gross SF
4,100
Guarantor
Corporate Guarantee
Rentable SF
4,100
Price/Gross SF
$1,254.39
Lease Type
Absolute Net
Investment Highlights
- 20-YEAR CORPORATE-GUARANTEED ABSOLUTE NNN SALE-LEASEBACK WITH 2% ANNUAL INCREASES
- DIRECT EXPOSURE TO I-15 WITH 205,000 VEHICLES PER DAY
- $132,082 AVERAGE HOUSEHOLD INCOME (3 MILE) WITHIN A FAST-GROWING TRADE AREA
- LOCATED IN AMERICAN FORK'S AUTOMALL DISTRICT WITH CONSISTENT RETAIL TRAFFIC
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Truck Ranch in American Fork UT.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
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