Proper Main St
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Proper Main St
2 Retail Properties Offered at $5,995,000 in Salt Lake City, UT
EXECUTIVE SUMMARY
Successful regional brewery operation needs to expand production capacity. Seller will lease back the entire site at a 7 Cap. Fully renovated in 2015 with 7000sf of additional new construction in 2020. Retail, brew production, event spaces and office. Sale includes 865 S Main building (Proper Burger). Total Square footage is 16,400 on .47 Acres across two parcels and two buildings
PROPERTY FACTS
| Price | $5,995,000 | Number of Properties | 2 |
| Price / SF | $362.24 / SF | Individually For Sale | 0 |
| Cap Rate | 7.24% | Total Building Size | 16,550 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.47 AC |
| Status | Active |
| Price | $5,995,000 |
| Price / SF | $362.24 / SF |
| Cap Rate | 7.24% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,550 SF |
| Total Land Area | 0.47 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 865 S Main St, Salt Lake City, UT 84111 | Retail | 9,455 SF | 2016 | - |
|
Proper Burger and Brewery
857 S Main St, Salt Lake City, UT 84111 |
Retail | 7,095 SF | 1925 | - |
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