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Total Building GLA
3,311 SF
Absolute NNN
Ground Lease
Year Built
2021
High-Traffic Intersection
29K+ VPD
Strong Demos
$155k+ AHHI (1 Mi)
INVESTMENT HIGHLIGHTS
Long-Term Absolute NNN Ground Lease 15-year ground lease with 11+ years remaining
Corporate Guaranty By Raising Cane’s Restaurants, LLC
Upcoming 10% Rental Increase Every 5 years throughout the base term and options
Double Drive-Thru Efficiently accommodates high drive-thru traffic
Proximity to Daybreak Master-Planned Community 4,000-acre master-planned community with over 10,000 homes and 30,000+ residents
Booming South Jordan, UT 282% Pop. Growth in Last Four Years
Signalized Hard Corner in High -Traffic Trade Area West 11400 South sees 29K+ vehicles per day and connects to Bangerter Highway (52K+vehicles per day) immediately to the west
Major Retail Corridor Across from “The District” 120-acre mixed-use development anchored by tenants such as Target, Harmons Grocery, JCPenney, Hobby Lobby, Ross, and Megaplex Theatres
Dense and Affluent Demographics 125,799 residents and $141,974 average household income (3 Miles)
