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ABC Great Beginnings - Riverdale 5165 S 1500 W

27,707 SF Retail Building Ogden, UT 84405 $6,493,146 ($234/SF) 5.75% Cap Rate

Investment Highlights

  • Lots of natural light.
  • Long term NNN leaseback desired.
  • Playgrounds inside and outside.

Executive Summary

ABC Great Beginnings is seeking a Sale / LeaseBack on there fabulous Riverdale location. This is one of their 15 locations along the Wasatch Front. They are a thriving business and wish to continue operating their business at this location for many years to come. Established in 1992, ABC Great Beginnings in a local industry leader providing care and education for children ages six weeks to 12 years old. They have strong financials and are looking to engage the right new partner to lease back the property from at this Riverdale location. Close to Hill Air Force Base, this area is a filled with young and growing families.

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Day Care Center
Building Size
27,707 SF
Building Class
B
Year Built
2015
Price
$6,493,146
Price Per SF
$234
Cap Rate
5.75%
NOI
$373,356
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
1.89 AC
Zoning
CP-3
Parking
76 Spaces (2.74 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Starbucks
Applebee's
America First Credit Union
U.S. Bank
CrossFit
Harmons Neighbourhood Grocer
Scooter's Coffeehouse
KeyBank
IHOP
Chili's Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-640-0001
Land Assessment
$727,650
Improvements Assessment
$5,630,350
Total Assessment
$6,358,000
  • Listing ID: 32101036

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: 5165 S 1500 W, Ogden, UT 84405

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