- For Sale $2,590,000
- Property Type Other
- Lot Size 1.67 Acre
- Date Updated Apr 25, 2024
- 1.67 acre site
- High exposure site
- Fashion Place Mall Out-parcel
- Long-term NNN ground lease - 38 years remaining
- $85,896.38 annual lease payment - 15% increase every 10 years
- Absolute Net Terms - No ownership expense
- Below market rental rate
- Building and improvements will revert to land owner at end of the lease
- There is a 30-day First Right of Refusal
- Tenant is the Fashion Place Mall
- Next to Nordstroms
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False
Contacts
Location
Getting Around
-
Walk Score ®
73/100
Very Walkable
-
Transit Score ®
52/100
Good Transit
-
Bike Score ®
56/100
Bikeable
- City Murray, UT
- Neighborhood Murray
- Zip Code 84107
- Market Salt Lake City
Points of Interest
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Fashion Place West
0.53 miles
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Midvale Fort Union
0.85 miles
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Midvale Center
1.34 miles
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Bingham Junction
1.59 miles
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Murray Central
2.13 miles
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Murray Central
2.15 miles
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Historic Gardner
2.34 miles
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Historic Sandy
2.77 miles
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West Jordan City Center
2.98 miles
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Murray North
3.28 miles
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Sam's Club
0.06 miles
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Tesoro
0.08 miles
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Hart's
0.82 miles
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Chevron
0.84 miles
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Maverik
1.10 miles
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Phillips 66
1.17 miles
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Holiday Oil
1.17 miles
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Speedway
1.23 miles
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Maverik
1.39 miles
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Shell
1.40 miles
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Park 'n' Ride
0.99 miles
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Church Parking
1.41 miles
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Grandview Parking Lot
1.90 miles
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Parking Garage
3.65 miles
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Parking Lot A
3.84 miles
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Parking Lot B
3.91 miles
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Parking Lot C
3.96 miles
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Parking Lot O
3.97 miles
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Parking Lot P
3.98 miles
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Parking Lot D
4.01 miles
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Park Inn
0.74 miles
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In Town Suites
0.75 miles
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Discovery Inn
0.80 miles
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Quality Inn Midvale - Salt Lake City South
0.85 miles
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Days Inn
0.85 miles
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La Quinta Inn by Wyndham Salt Lake City Midvale
0.89 miles
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Motel 6 Midvale, UT - Salt Lake City South
0.96 miles
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Holiday Inn Express
1.03 miles
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Crystal Inn Hotel & Suites
1.11 miles
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Sandman Motel
1.15 miles
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Thai Spoon
0.03 miles
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Papa John's
0.03 miles
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Astro Burger
0.19 miles
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Su Casa
0.21 miles
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Romano's Macaroni Grill
0.23 miles
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Chuck-a-Rama
0.31 miles
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Olive Garden
0.34 miles
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The Cheesecake Factory
0.43 miles
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Twigs Bistro
0.43 miles
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California Pizza Kitchen
0.43 miles
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East Midvale School
0.45 miles
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Liberty Elementary
0.78 miles
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Longview Elementary School
0.92 miles
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McMillan Elementary School
1.05 miles
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Cameo College of Essential Beauty
1.13 miles
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Montessori School of Murray
1.26 miles
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Midvalley School
1.29 miles
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Hillcrest High School
1.35 miles
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Riverview Junior High School
1.60 miles
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Midvale Elementary
1.61 miles
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Murray School District Early Childhood Education Center
0.64 miles
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ABC Great Beginnings Child Care
0.89 miles
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Tender Touch
1.62 miles
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La Petite Academy
3.45 miles
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Millcreek Activity Center
3.56 miles
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Lit'l Scholars Learning Center
3.83 miles
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Tender Touch
4.31 miles
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Children's Corner
4.98 miles
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Little Critters Child Care
5.13 miles
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Utah Community Action
5.25 miles
Frequently Asked Questions
What is the lease rate for Fashion Place Ground Lease Investment Opportunity?
Rental asking rate at Fashion Place Ground Lease Investment Opportunity is $1,295,000.00/YR.
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