For Sale

Duluth Trading- Leasehold (Corporate location)

11376 S State St,
Sandy, UT 84070
Represented by
NAI Excel - Southern Utah

Asset Snapshot

Full Service
Retail Subtype
2019
Year Built
1
Floor Count
6.44 Acres
Land Area

Offering Summary

Investment Highlights

  • Single-tenant, nationally recognized retail investment
  • Exceptional location immediately adjacent to SCHEELS
  • Strong State Street visibility and convenient I-15 access
  • Located within a premier, high-traffic retail trade area
  • Approximately 33+ years remaining on the ground lease
  • Approximately 8+ years remaining on the initial lease term
  • 10% contractual rent increases every five years
  • Long-term income stability with built-in rent growth. Surrounded by major national retailers and established demand generators
  • Located in one of Utah’s strongest and fastest-growing commercial markets. This offering provides investors with the opportunity to acquire a long-term, strategically located retail asset backed by a nationally recognized tenant, with substantial remaining lease term and contractual rent growth

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Listing Syndicated From

Buildout
Accepting Offers
$4,950,000
Asking Price

Investment Sales Broker

Wes Davis
NAI Excel - Southern Utah

Market Insights