4001 Riverdale Rd
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4001 Riverdale Rd
10,470 SF Retail Building Ogden, UT 84405 $2,550,000 ($244/SF) 13.53% Cap Rate
Investment Highlights
- Easy access to I-15.
- Excellent access from Riverdale Road.
- Plenty of parking.
Executive Summary
Great buy! We are pleased to offer this great investment opportunity to everyone. This retail building is conveniently located at Riverdale Rd. in the busiest area in Ogden. It's also so close to I-15, Highway 89, Ogden New Gate Mall, Costco. It is currently a very popular restaurant in Ogden and has its own customer resources. Sales are increasing steadily every year. Take over the business or just the real estate.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,886,970
|
$180.23
|
| Taxes |
$14,000
|
$1.34
|
| Operating Expenses |
$1,558,988
|
$148.90
|
| Total Expenses |
$1,572,988
|
$150.24
|
| Net Operating Income |
$313,982
|
$29.99
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,886,970 |
| Annual Per SF | $180.23 |
| Taxes | |
|---|---|
| Annual | $14,000 |
| Annual Per SF | $1.34 |
| Operating Expenses | |
|---|---|
| Annual | $1,558,988 |
| Annual Per SF | $148.90 |
| Total Expenses | |
|---|---|
| Annual | $1,572,988 |
| Annual Per SF | $150.24 |
| Net Operating Income | |
|---|---|
| Annual | $313,982 |
| Annual Per SF | $29.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,470 SF
Building Class
B
Year Built/Renovated
1982/1990
Price
$2,550,000
Price Per SF
$244
Cap Rate
13.53%
NOI
$345,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.74 AC
Zoning
C - Retail Store
Parking
44 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
123 FT on Riverdale Rd
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Lucky Buffet
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Lucky Buffet | Accommodation and Food Services | - | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 05-139-0092 | Total Assessment | $1,389,000 (2024) |
| Land Assessment | $612,883 (2024) | Annual Taxes | $14,000 ($1.34/SF) |
| Improvements Assessment | $776,117 (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
05-139-0092
Land Assessment
$612,883 (2024)
Improvements Assessment
$776,117 (2024)
Total Assessment
$1,389,000 (2024)
Annual Taxes
$14,000 ($1.34/SF)
Tax Year
2023 Payable 2023
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4001 Riverdale Rd
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