Retail

El Pollo Loco & Krispy Kreme (Ground Lease)

Sandy (Salt Lake City), UT

Price:

$5,274,280

Cap Rate:

5.00%

Long-Term, Abs NNN

Ground Lease

Year Built

2017

Rent-to-Sales Ratio

4.71%

Rental Escalations

10.0% Every 5 Years

Total Lot Size

1.69 AC

INVESTMENT HIGHLIGHTS

Long-Term, Absolute NNN Ground Lease | 15+ Years Remaining
Rental Escalations | 10% Every 5 Years
Outstanding Sales Performance | 4.71% Rent-to-Sales Ratio
Premier Location with Proximity to Economic Drivers | The Cairns Mega Development

Outparcel to The Shops at South Town Mall | Utah's Largest Shopping Mall at 1.3 Million SF
Hard Corner Location with Excellent Access & Visibility | 75,000+ VPD
2 Drive-Thrus