2
See all 2 photos
$1,000,000
Est. payment /mo
0.46 Acres Lot
Price Dropped by $200K
2324 S REDWOOD RD West Valley City, UT 84119
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2136862
Construction Status Blt./Standing
HOA Y/N No
Year Built 1969
Annual Tax Amount $7,348
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
Purchase Price: $1,000,000.00 Cap Rate: 6.13% Tenant: Express Dry Cleaners Annual Rents: $72,000.00 Lease Term: Three (3) Years Rent Increases: 4% Annually Options: One (1) Five (5) Year Option To Renew At FMV Tenant Has Operated At This Location For 10 Years Express Cleaners, LLC Has Been In Business For 66 Years With 3 Locations On The Wasatch Front
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Interior
Fireplace No
Exterior
View Y/N No
Present Use Retail
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 15-22-177-007
Listed by CRE Specialists, LLC
Troy Moultrie
Associate Broker | Luxury & Divorce Real Estate Specialist | License ID: 11195148-AB00