Published on: Monday, October 7, 2024
Updated on: Thursday, October 31, 2024
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About the Lister
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Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
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Financing  Business  Material
  Vacant Drive-Thru, South Ogden UT
1498 E 5600 S Ogden Utah , 84403
1498 E 5600 S Ogden Utah                                                                                                , 84403  SRS Real State Partners
Listing ID: CL-Utah-12334

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Utah-12334
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1977
Building Size: 840.00 SqFt
Lot Size: 36,801.00 SqFt.
No of Stories: 1
No of Parking: 12
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: Yes
Building Status: Existing
Attached Documents
  • Download | South Ogden UT - Vacant Drive-Thru OM.pdf ( 4,193.09KB)
Listing Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 840 SF, freestanding, vacant drive-thru building located in South Ogden, Utah. The property recently was remodeled and was equipped with a drive-thru, providing ease and convenience for future customers. The site is located on a General Commercial zoning district, providing for a wide range of potential uses. The site presents an excellent ground lease or built-to-suit opportunity in a highly desirable location.
Complete Details
Year Build: 1977
Building Size: 840 SqFt.
No of Stories: 1
Total Lot Area: 36801 SqFt.
No of Parking: 12
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: Yes
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
The site is located near the hard corner intersection of Harrison Blvd and E. 5600 S. which combined to average 33,500 VPD. The subject property benefits from nearby direct on/off ramp access to Interstate 84, a major thoroughfare that averages 20,300 vehicles passing by daily. The asset is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Walmart, Walgreens, Autozone, Starbucks, Take 5, McDonald’s, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the site is in close proximity to Bonneville High School (1,361 students) and Ogden Regional Medical Center (238 beds), further increasing consumer traffic to the immediate trade area. The 5-mile trade area is supported by over 129,000 residents and 63,000 employees, providing a direct consumer base from which to draw. The 1-mile trade area boast an affluent average household income of $140,131.
Additional Properties
Property Highlights
  • Ground Lease/Build-to-Suit Opportunity | Drive-Thru Equipped
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Highschool & Hospital
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Income
Features
  • APN 07-004-0045
  • Year Renovated 2023
Listing Location
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35964 Winchester Rd , Winchester California                                                                                           92596
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1275 N. Hill Field Road , Layton Utah                                                                                                 84041
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17550 Hwy 19 , New London Missouri                                                                                             63459
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1834 W. Grant Street , Phoenix Arizona                                                                                              85007
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4315 Pickett Rd , Saint Joseph Missouri                                                                                             64503