Published on: Wednesday, July 31, 2024
Updated on: Wednesday, March 12, 2025
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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
  USPS, Eden, UT
2577 N Highway 162 Eden Utah , 84310
2577 N Highway 162 Eden Utah , 84310  SRS Real State Partners
Listing ID: CL-Utah-11133

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 3.74
Net Operating Income: $35,500.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Utah-11133
Status: Sold
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1989
Building Size: 2,277.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 34
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
Listing Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NN leased, USPS investment property located in Eden, UT. The tenant, USPS, has exercised their last option to extend the initial lease through 6/30/2029 with no options remaining. Subject property has a potential use for a QSR/Restaurant property.
Complete Details
Year Build: 1989
Building Size: 2,277 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 34
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?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NN leased, USPS investment property located in Eden, UT. The tenant, USPS, has exercised their last option to extend the initial lease through 6/30/2029 with no options remaining. Subject property has a potential use for a QSR/Restaurant property. The lease is NN with limited landlord responsibilities including roof and structure making it an ideal, low-management investment opportunity for a passiveinvestor.

Additional Properties
Property Highlights
  • 5 Years Remaining on Lease | Potential QSR/Restaurant
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Located Along State Hwy 162 (5,300 VPD) | Powder Mountain
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0.00
$0.00
$0.00
$35,500.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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