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335 12th St
Ogden, UT 84404

The Habit Burger - 15 Yr. Absolute NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New Completely Remodeled Building (2021)
  • Strong Credit Tenant – Yum! Brands Recently Acquired The Habit in March 2020
  • Inflation Hedge – 10% Increases Every 5 Years Including Option Periods (4 – 5 Year Options)
  • 15 Year Absolute NNN Corporate Ground Lease – The Habit Burger – Owned by Yum! Brands
  • Zero Landlord Responsibilities – Tenant Pays all Expenses Directly Ideal 1031 Exchange Asset
  • Heavily Trafficked Intersection – Over 52,400 VPD at 12th St and Washington Blvd

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,614 SF
Building Class
B
Year Built/Renovated
1995/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.93 AC
Zoning
C

AMENITIES

  • Pylon Sign

PROPERTY TAXES

  • Listing ID: 23732314

  • Date on Market: 7/20/2021

  • Last Updated:

  • Address: 335 12th St, Ogden, UT 84404