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1239 Canyon Rd

6,300 SF Retail Building Ogden, UT 84404 $1,986,000 ($315/SF) 6.50% Cap Rate

Executive Summary

PROPERTY HIGHLIGHTS
Established Retail Tenant
True NNN Lease with no Landlord Responsibility
Prime Location - Last Corner Commercial Building before Ogden Canyon
Strong, Long-Term Local Tenant
Lease Commences December 1, 2024 and Expires November 30, 2031
Three Percent (3%) Annual Increases
C-2/CP-2 Zoning
Built in 1998 and with renovations to roof and flooring in 2024
Freestanding Retail Building
APN 13-056-0055
Lot Size: Approximately .99 Acres
Built in 1998 with renovations to flooring and roof in 2024

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,300 SF
Building Class
C
Year Built
1998
Price
$1,986,000
Price Per SF
$315
Cap Rate
6.50%
NOI
$129,090
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.99 AC
Zoning
C-2/CP-2 - Commercial
Parking
28 Spaces (4.44 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Smith's
A Fresh Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-056-0055
Land Assessment
$649,710
Improvements Assessment
$296,860
Total Assessment
$946,570
  • Listing ID: 33240746

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 1239 Canyon Rd, Ogden, UT 84404

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