Duluth Trading- Leasehold (Corporate location)

Highlights

• 10% contractual rent increases every five years
• Approximately 33+ years remaining on the ground lease
• Approximately 8+ years remaining on the initial lease term
• Exceptional location immediately adjacent to SCHEELS
• Located in one of Utah’s strongest and fastest-growing commercial markets. This offering provides investors with the opportunity to acquire a long-term, strategically located retail asset backed by a nationally recognized tenant, with substantial remaining lease term and contractual rent growth
• Located within a premier, high-traffic retail trade area
• Long-term income stability with built-in rent growth. Surrounded by major national retailers and established demand generators
• Single-tenant, nationally recognized retail investment
• Strong State Street visibility and convenient I-15 access

Location

Located at 11376 S State St, Sandy, UT 84070, this property is part of the Cove At Riverwood neighborhood and Salt Lake City market.