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1331 N State St

4,620 SF Retail Building Orem, UT 84057 $2,330,640 ($504/SF) 5% Cap Rate

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Investment Highlights

18 years left on a 20 years lease signing
Absolute NNN
High Population | High Income | 2.0% Projected Growth Rate | Home to Utah Valley University

Rent increases 8% every 5 years and includes four 5-year options to extend with same 8% increase every 5 years
High Traffic Counts - State Street - 47,128 cars / day
Contact Listing Agent for additional information

Executive Summary

There are 18 years remaining on the initial 20 year lease.
Lease increases 8% every 5 years and includes four 5-year options to extend with 8% increases as well
Strong Guarantee: Snot Star LP currently owns and operated all 41 Carl's Jr. locations in Utah

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