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Miscellaneous

Mattress Firm

13490 S 200 W, Draper, UT 84020

Listing Price: $3,036,960

Cap Rate
6.25%
Tenant Name
Mattress Firm, Inc.
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
4,995
Lease Type
Double Net
Rent Per Square Feet
$38.00

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Mattress Firm located at 13490 South 200 West in Draper, Utah. The site consists of roughly 4,995 rentable square feet of building space on estimated 0.45-acre parcel of land. This Mattress Firm is subject to a 11-year double-net (NN) lease, which added four (4) total years of additional lease term in 2018 and 2020. The current annual rent is $189,810 and is scheduled to increase in the base term and at the start of each of the two (2), five (5)-year renewal options (see rent schedule).

Investment Highlights

  • Long-Term, Original 11-Year Double Net (NN) Lease
  • Roof Warranty in Effect Until 2034
  • Approximately 7.7 Years Remaining
  • Three (3) Years of Additional Lease Term Added in 2018

Broker of Record

  • Justin Forman

    Regional Manager

    (702) 215-7150

    License(s) UT: 12256000-PB00

    Utah

Financing By

Miscellaneous

Mattress Firm

Listing Price: $3,036,960

Cap Rate
6.25%
Tenant Name
Mattress Firm, Inc.
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
4,995
Lease Type
Double Net
Rent Per Square Feet
$38.00

Investment Highlights

  • Long-Term, Original 11-Year Double Net (NN) Lease
  • Roof Warranty in Effect Until 2034
  • Approximately 7.7 Years Remaining
  • Three (3) Years of Additional Lease Term Added in 2018

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Mattress Firm located at 13490 South 200 West in Draper, Utah. The site consists of roughly 4,995 rentable square feet of building space on estimated 0.45-acre parcel of land. This Mattress Firm is subject to a 11-year double-net (NN) lease, which added four (4) total years of additional lease term in 2018 and 2020. The current annual rent is $189,810 and is scheduled to increase in the base term and at the start of each of the two (2), five (5)-year renewal options (see rent schedule).

Broker of Record

  • Justin Forman

    Regional Manager

    (702) 215-7150

    License(s): UT: 12256000-PB00

    Utah

Financing By

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